Contract design and stability in many-to-many matching

@article{Hatfield2017ContractDA,
  title={Contract design and stability in many-to-many matching},
  author={John William Hatfield and Scott Duke Kominers},
  journal={Games and Economic Behavior},
  year={2017},
  volume={101},
  pages={78-97}
}
We develop a model of many-to-many matching with contracts which subsumes as special cases many-to-many matching markets and buyer–seller markets with heterogeneous and indivisible goods. In our setting, substitutable preferences are sufficient to guarantee the existence of stable outcomes; moreover, in contrast to results for the setting of many-to-one matching with contracts, if any agent’s preferences are not substitutable, then the existence of a stable outcome cannot be guaranteed. We show… CONTINUE READING
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