On the observational equivalence of random matching

A-Tier
Journal: Journal of Economic Theory
Year: 2010
Volume: 145
Issue: 3
Pages: 1283-1301

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Random matching is often used in economic models as a means of introducing uncertainty in sequential decision problems. We show that random matching processes that satisfy standard proportionality laws are not unique. We give conditions on the payoffs and transition functions of sequential decision models that insure that economic models are robust to the nonuniqueness of the matching process. Under these conditions, the information contained in the proportionality laws is all that is needed to know about the matching process to formulate the model.

Technical Details

RePEc Handle
repec:eee:jetheo:v:145:y:2010:i:3:p:1283-1301
Journal Field
Theory
Author Count
2
Added to Database
2026-01-26