Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/221586
Authors: 
Ma, Jinpeng
Year of Publication: 
1998
Series/Report no.: 
Discussion Paper No. 1230
Abstract: 
This paper studies the job matching market in Kelso and Crawford(1982) with one exception that co-workers may generate utility or disutility in the workplace. We provide a simple idea to show how a great number of sufficient condiions for a nonempty core in the literature can be extended to this labor market. We also provide a deterministic and a stochatic recursive dynamic system each of which converges to an efficient core outcome as long as the core is nonempty.
JEL: 
D71
Document Type: 
Working Paper

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