A note on the relationship between the core and stable sets in three-sided markets

We analyze the extent to which two known results of the relationship between the core and the stable sets for two-sided assignment games can be extended to three-sided assignment games. We find that the dominant diagonal property is necessary for the core to be a stable set and, likewise, sufficient...

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Bibliographic Details
Authors: Atay, Ata; Núñez, Marina (Núñez Oliva)
Format: Article
Status:Accepted version
Publication date:2019
Country:España
Institution:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
Repository:Recercat. Dipósit de la Recerca de Catalunya
OAI Identifier:oai:recercat.cat:2445/150700
Online Access:https://hdl.handle.net/2445/150700
Access Level:Open access
Keyword:Assignació de recursos
Competència econòmica
Presa de decisions (Estadística)
Matemàtica financera
Resource allocation
Competition
Statistical decision
Business mathematics
Description
Summary:We analyze the extent to which two known results of the relationship between the core and the stable sets for two-sided assignment games can be extended to three-sided assignment games. We find that the dominant diagonal property is necessary for the core to be a stable set and, likewise, sufficient when each sector of the three-sided market has two agents. Unlike the two-sided case, the union of the extended cores of all the -compatible subgames with respect to an optimal matching may not be a von Neumann-Morgenstern stable set.