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Decentralized Matching with Aligned Preferences

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NBER2009-04-01 更新2025-01-04 收录
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We study a simple model of a decentralized market game in which firms make directed offers to workers. We focus on markets in which agents have aligned preferences. When agents have complete information or when there are no frictions in the economy, there exists an equilibrium that yields the stable

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2009-04-01
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