On the correspondence of contracts to salaries in (many-to-many) matching
نویسنده
چکیده
In this note, I extend the work of Echenique (forthcoming) to show that a model of many-to-many matching with contracts may be embedded into a model of many-tomany matching with wage bargaining whenever (1) all agents’ 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.
منابع مشابه
Contracts versus Salaries in Matching
594 Workers and firms may bargain over general, multidimensional contracts; they may negotiate over health benefits, housing, retirement plans, etc. Substitutes, on the other hand, is the assumption commonly placed on firms’ preferences to guarantee the existence of stable matchings of workers and firms. In this paper I show that, when firms regard contracts as substitutes, bargaining over cont...
متن کاملContracts versus salaries in matching: A general result
It is shown that a matching market with contracts can be embedded into a matching market with salaries under weaker conditions than substitutability of contracts. In particular, the result applies to the recently studied problem of cadet-to-branch matching. As an application of the embedding result, a new class of mechanisms for matching markets with contracts is defined that generalize the fir...
متن کاملحمایت از حقوق مصرف کننده در قراردادهای مشارکت زمانی
Abstract: Time sharing contracts or interval ownership is an almost new institution which entered to our legal system In order to developing tourism. the consumers' rights is significantly affected as a result of Complex nature of these contracts on the one hand, and the consumer's weak position against the strong professional traders on the other. In Iran, Many companies Resort to this method...
متن کاملA New Structural Matching Method Based on Linear Features for High Resolution Satellite Images
Along with commercial accessibility of high resolution satellite images in recent decades, the issue of extracting accurate 3D spatial information in many fields became the centre of attention and applications related to photogrammetry and remote sensing has increased. To extract such information, the images should be geo-referenced. The procedure of georeferencing is done in four main steps...
متن کاملExamining the role of Smart Contracts in the development of the electronic registration system of documents
The document registration system is one of the most important instruments for guaranteeing the rights of individuals and preventing the occurrence of many disputes. In many developed countries, attempts have been made to change the system of registering transactions and documents. Thus, countries like the United States and Britain have changed the status of electronic registrations by adopting ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید
ثبت ناماگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید
ورودعنوان ژورنال:
- Games and Economic Behavior
دوره 75 شماره
صفحات -
تاریخ انتشار 2012