Arbeitspapier

Core stability and core-like solutions for three-sided assignment games

In this paper, we study different notions of stability for three-sided assignment games. Since the core may be empty in this case, we first focus on other notions of stability such as the notions of subsolution and von Neumann-Morgenstern stable sets. The dominant diagonal property is necessary for the core to be a stable set, and also sufficient in the case where each sector of the market has two agents. Furthermore, for any three-sided assignment market, we prove that the union of the extended cores of all μ-compatible subgames, for a given optimal matching μ, is the core with respect to those allocations that are compatible with that matching, and this union is always non-empty.

Language
Englisch

Bibliographic citation
Series: IEHAS Discussion Papers ; No. MT-DP - 2018/6

Classification
Wirtschaft
Cooperative Games
Bargaining Theory; Matching Theory
Subject
Assignment game
core
subsolution
von Neumann-Morgenstern stable set

Event
Geistige Schöpfung
(who)
Atay, Ata
Núñez, Marina
Event
Veröffentlichung
(who)
Hungarian Academy of Sciences, Institute of Economics
(where)
Budapest
(when)
2018

Handle
Last update
10.03.2025, 11:47 AM CET

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Object type

  • Arbeitspapier

Associated

  • Atay, Ata
  • Núñez, Marina
  • Hungarian Academy of Sciences, Institute of Economics

Time of origin

  • 2018

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