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On the non-existence of stable matches with incomplete information

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  • Alston, Max

Abstract

This article extends the model of matching with incomplete information presented by Liu et al. (2014) by imposing exogenous restrictions on the beliefs of firms. The main result is that generically, there is always some game that contradicts the imposition of exogenous beliefs. This result complements Liu et al. (2014) by showing that their focus on stability for all reasonable beliefs is appropriate.

Suggested Citation

  • Alston, Max, 2020. "On the non-existence of stable matches with incomplete information," Games and Economic Behavior, Elsevier, vol. 120(C), pages 336-344.
    • Handle: RePEc:eee:gamebe:v:120:y:2020:i:c:p:336-344
    DOI: 10.1016/j.geb.2020.01.008
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    References listed on IDEAS

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    Cited by:

    1. Marcelo Ariel Fernandez & Kirill Rudov & Leeat Yariv, 2022. "Centralized Matching with Incomplete Information," American Economic Review: Insights, American Economic Association, vol. 4(1), pages 18-33, March.
    2. Agranov Agranov & Ahrash Dianat & Larry Samuelson & Leeat Yariv, 2021. "Paying to Match: Decentralized Markets with Information Frictions," Working Papers 273, Princeton University, Department of Economics, Center for Economic Policy Studies..
    3. Chen, Yi-Chun & Hu, Gaoji, 2024. "Bayesian stable states," Games and Economic Behavior, Elsevier, vol. 145(C), pages 102-116.
    4. Shi, Fanqi, 2021. "Stability in sequential matching with incomplete information," Games and Economic Behavior, Elsevier, vol. 129(C), pages 492-502.
    5. Marina Agranov & Ahrash Dianat & Larry Samuelson & Leeat Yariv, 2021. "Paying to Match: Decentralized Markets with Information Frictions," Working Papers 2021-74, Princeton University. Economics Department..

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