On human capital and team stability
In many economic contexts, agents from the same population team up to better exploit their human capital. In such contexts (often called “roommate matching problems”), stable matchings may fail to exist even when utility is transferable. We show that when each individual has a close substitute, a st...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
University of Chicago Press
2019
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Online Access: | View Fulltext in Publisher |