no code implementations • 9 Sep 2022 • Alfred Galichon, Larry Samuelson, Lucas Vernet
Galichon, Samuelson and Vernet (2022) introduced a class of problems, equilibrium flow problems, that nests several classical economic models such as bipartite matching models, minimum-cost flow problems and hedonic pricing models.
no code implementations • 14 Jul 2022 • Alfred Galichon, Larry Samuelson, Lucas Vernet
We introduce a notion of substitutability for correspondences and establish a monotone comparative static result, unifying results such as the inverse isotonicity of M-matrices, Berry, Gandhi and Haile's identification of demand systems, monotone comparative statics, and results on the structure of the core of matching games without transfers (Gale and Shapley) and with transfers (Demange and Gale).