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On the correspondence of contracts to salaries in (many-to-many) matching
- Source :
-
Games & Economic Behavior . Jul2012, Vol. 75 Issue 2, p984-989. 6p. - Publication Year :
- 2012
-
Abstract
- Abstract: In this note, I extend the work of 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. [Copyright &y& Elsevier]
Details
- Language :
- English
- ISSN :
- 08998256
- Volume :
- 75
- Issue :
- 2
- Database :
- Academic Search Index
- Journal :
- Games & Economic Behavior
- Publication Type :
- Academic Journal
- Accession number :
- 75165393
- Full Text :
- https://doi.org/10.1016/j.geb.2011.12.002