Axioms for the optimal stable rules and fair-division rules in a multiple-partners job market

B-Tier
Journal: Games and Economic Behavior
Year: 2022
Volume: 136
Issue: C
Pages: 469-484

Authors (2)

Domènech, Gerard (not in RePEc) Núñez, Marina (Universitat de Barcelona)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

In the multiple-partners job market, introduced in (Sotomayor, 1992), each firm can hire several workers and each worker can be hired by several firms, up to a given quota. We show that, in contrast to what happens in the simple assignment game, in this extension, the firms-optimal stable rules are neither valuation monotonic nor pairwise monotonic. However, we show that the firms-optimal stable rules satisfy a weaker property, what we call firm-covariance, and that this property characterizes these rules among all stable rules. This property allows us to shed some light on how firms can (and cannot) manipulate the firms-optimal stable rules. In particular, we show that firms cannot manipulate them by constantly over-reporting their valuations. Analogous results hold when focusing on the workers. Finally, we extend to the multiple-partners market a known characterization of the fair-division rules on the domain of simple assignment games.

Technical Details

RePEc Handle
repec:eee:gamebe:v:136:y:2022:i:c:p:469-484
Journal Field
Theory
Author Count
2
Added to Database
2026-01-26