On the correspondence of contracts to salaries in (many-to-many) matching

B-Tier
Journal: Games and Economic Behavior
Year: 2012
Volume: 75
Issue: 2
Pages: 984-989

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

In this note, I extend the work of Echenique (2012) to show that a model of many-to-many matching with contracts may be embedded into a model of many-to-many matching with wage bargaining whenever (1) all agentsʼ preferences are substitutable and (2) the matching with contracts model is unitary, in the sense that every contractual relationship between a given firm–worker pair is specified in a single contract. Conversely, I show that unitarity is essentially necessary for the embedding result.

Technical Details

RePEc Handle
repec:eee:gamebe:v:75:y:2012:i:2:p:984-989
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25