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- W1984471486 abstract "We study random matching models where there is a set of infinitely lived agents, and in each period agents are pairwise matched to each other and play a stage game. We investigate the basic structure of equilibria in such models: the existence of equilibria and the global structure of the set of equilibria. Specifically, we focus on models with a conservation law, which typically holds in economies having some assets, such as money. In such models, under certain regularity conditions the set of equilibria is one-dimensional and each connected component of it is a piecewise smooth one-dimensional manifold being homeomorphic to either the unit circle or the unit interval. Moreover, in an endpoint of an interval all agents have the same amount of assets." @default.
- W1984471486 created "2016-06-24" @default.
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- W1984471486 date "2009-05-01" @default.
- W1984471486 modified "2023-09-25" @default.
- W1984471486 title "Matching models with a conservation law: The existence and global structure of the set of stationary equilibria" @default.
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- W1984471486 doi "https://doi.org/10.1016/j.jmateco.2009.03.008" @default.
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