Dai, Darong (2012): On the Existence of Pareto Optimal Endogenous Matching. Published in: Economic Research Guardian , Vol. 2, No. 2

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Abstract
In the current paper, we study the asymmetric normalform game between two heterogeneous groups of populations by employing the stochastic replicator dynamics driven by Lévy process. A new game equilibrium, i.e., the game equilibrium of a stochastic differential cooperative game on time, is derived by introducing optimalstopping technique into evolutionary game theory, which combines with the Pareto optimal standard leads us to the existence of Pareto optimal endogenous matching.
Item Type:  MPRA Paper 

Original Title:  On the Existence of Pareto Optimal Endogenous Matching 
Language:  English 
Keywords:  Stochastic differential cooperative game on time; Endogenous matching; Fair matching; Pareto optimality; Adaptive learning 
Subjects:  C  Mathematical and Quantitative Methods > C7  Game Theory and Bargaining Theory > C78  Bargaining Theory; Matching Theory C  Mathematical and Quantitative Methods > C7  Game Theory and Bargaining Theory > C70  General C  Mathematical and Quantitative Methods > C6  Mathematical Methods; Programming Models; Mathematical and Simulation Modeling > C62  Existence and Stability Conditions of Equilibrium 
Item ID:  43125 
Depositing User:  darong dai 
Date Deposited:  06. Dec 2012 13:50 
Last Modified:  19. Feb 2013 08:32 
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URI:  http://mpra.ub.unimuenchen.de/id/eprint/43125 