Gale-Shapley Matching in an Evolutionary Trade Network Game
Leigh Tesfatsion ()
ISU General Staff Papers from Iowa State University, Department of Economics
Abstract:
This study investigates the performance of Gale-Shapley matching in an evolutionary market context. Computational experimental findings are reported for an evolutionary match-and-play trade network game in which resource-constrained traders repeatedly choose and refuse trade partners in accordance with GaleShapley matching, participate in risky trades modeled two-person prisoner's dilemma games, and evolve their trade behavior over time. Particular attention is focused on correlations between ex ante market structure and the formation of trade networks, and between trade network formation and the types of trade behavior and social welfare outcomes that these trade networks support.
Date: 1998-04-01
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Related works:
Working Paper: GALE-SHAPLEY MATCHING IN AN EVOLUTIONARY TRADE NETWORK GAME (1998) 
Working Paper: Gale-Shapley Matching in an Evolutionary Trade Network Game (1998) 
Working Paper: Gale-Shapley Matching in an Evolutionary Trade Network Game (1998) 
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Persistent link: https://EconPapers.repec.org/RePEc:isu:genstf:199804010800001041
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