Economics Letters 62, 189-195 (1999).

ABSTRACT

This paper studies simple hiring procedures for job markets. We show that when agents act strategically only individually rational outcomes should be expected. Moreover, if agents can form unions, thereby gaining the possibility to commit on the decisions to be chosen, only stable allocations are implemented.

Working Paper Version: IVIE, WP-AD 98-02

Journal Version: Economics Letters 62, 189-195 (1999).

1. Triossi, M. (2005): "Coordination in Sequential Admission Mechanisms." Mimeo, Universidad Carlos III de Madrid.

Last update: October 5, 2009