Assignment models and reneging

B-Tier
Journal: Economic Theory
Year: 1999
Volume: 14
Issue: 2
Pages: 393-415

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

We consider a non-cooperative assignment model where we show that any subgame perfect equilibrium is stable, and that an appropriate refinement criterion leads to the p-optimal outcome. We then consider a model with reneging and derive some interesting properties of this game. We show that in this case `unraveling' may occur. Furthermore, the resulting outcome can be either stable, or unstable.

Technical Details

RePEc Handle
repec:spr:joecth:v:14:y:1999:i:2:p:393-415
Journal Field
Theory
Author Count
1
Added to Database
2026-01-29