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

被引:15
|
作者
Kominers, Scott Duke [1 ]
机构
[1] Univ Chicago, Becker Friedman Inst Res Econ, Chicago, IL 60637 USA
关键词
Many-to-many matching; Stability; Substitutes; Contract design; Unitarity; SUBSTITUTES; STABILITY;
D O I
10.1016/j.geb.2011.12.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
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 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. (C) 2011 Elsevier Inc. All rights reserved.
引用
收藏
页码:984 / 989
页数:6
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