The Core Matchings of Markets with Transfers

B-Tier
Journal: American Economic Journal: Microeconomics
Year: 2015
Volume: 7
Issue: 1
Pages: 144-64

Authors (2)

Christopher P. Chambers (not in RePEc) Federico Echenique (University of California-Berke...)

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

We characterize the structure of the set of core matchings of an assignment game (a two-sided market with transfers). Such a set satisfies a property we call consistency. Consistency of a set of matchings states that, for any matching v, if, for each agent i there exists a matching ? in the set for which ?(i) = v(i), then v is in the set. A set of matchings satisfies consistency if and only if there is an assignment game for which all elements of the set maximize the surplus. (JEL C78)

Technical Details

RePEc Handle
repec:aea:aejmic:v:7:y:2015:i:1:p:144-64
Journal Field
General
Author Count
2
Added to Database
2026-01-25