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Nash implementation in a many-to-one matching market

Noelia Juarez, Paola Manasero and Jorge Oviedo

Papers from arXiv.org

Abstract: In a many-to-one matching market, we analyze the matching game induced by a stable rule when firms' choice function satisfy substitutability. We show that any stable rule implements the individually rational correspondence in Nash equilibrium when both sides of the market play strategically. Moreover, when only workers play strategically and firms' choice functions satisfy the law of aggregate demand, we show that the firm-optimal stable rule implements the stable correspondence in Nash equilibrium.

Date: 2023-05, Revised 2024-04
New Economics Papers: this item is included in nep-des, nep-gth and nep-mic
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http://arxiv.org/pdf/2305.13956 Latest version (application/pdf)

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Working Paper: Nash Implementation in a many-to-one Matching Market (2023) Downloads
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