Podczeck, Konrad and Puzzello, Daniela (2009): Independent Random Matching. Forthcoming in: Economic Theory

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Abstract
Random matching models with a continuum population are widely used in economics to study environments where agents interact in small coalitions. This paper provides foundations to such models. In particular, the paper establishes an existence result for random matchings that are universal in the sense that certain desirable properties are satisfied for any assignment of types to agents. The result applies to infinitely many types of agents, thus covering random matching models which are currently used in the literature without a foundation. Furthermore, the paper provides conditions guaranteeing uniqueness of random matching.
Item Type:  MPRA Paper 

Original Title:  Independent Random Matching 
Language:  English 
Keywords:  Random matching; Involution; Independence; Continuum population; Fubini extension 
Subjects:  C  Mathematical and Quantitative Methods > C7  Game Theory and Bargaining Theory > C78  Bargaining Theory; Matching Theory C  Mathematical and Quantitative Methods > C0  General > C00  General C  Mathematical and Quantitative Methods > C0  General > C02  Mathematical Methods C  Mathematical and Quantitative Methods > C7  Game Theory and Bargaining Theory > C73  Stochastic and Dynamic Games; Evolutionary Games; Repeated Games 
Item ID:  27687 
Depositing User:  Daniela Puzzello 
Date Deposited:  27. Dec 2010 11:03 
Last Modified:  13. Feb 2013 16:15 
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URI:  http://mpra.ub.unimuenchen.de/id/eprint/27687 