Matching structure and bargaining outcomes in buyer–seller networks
Polanski, Arnold (2016) Matching structure and bargaining outcomes in buyer–seller networks. Social Choice and Welfare, 46 (4). pp. 767-776. ISSN 0176-1714
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Abstract
We examine the relationship between the matching structure of a bipartite (buyer-seller) network and the (expected) shares of the unit surplus that each connected pair in this network can create. We show that in different bargaining environments, these shares are closely related to the Gallai-Edmonds Structure Theorem. This theorem characterizes the structure of maximum matchings in an undirected graph. We show that the relationship between the (expected) shares and the tructure Theorem is not an artefact of a particular bargaining mechanism or trade centralization. However, this relationship does not necessarily generalize to non-bipartite networks or to networks with heterogeneous link values.
Item Type: | Article |
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Additional Information: | © The Author(s) 2015. This article is published with open access at Springerlink.com |
Uncontrolled Keywords: | buyer-seller networks,gallai-edmonds structure theorem,bargaining,matching |
Faculty \ School: | Faculty of Social Sciences > School of Economics |
Depositing User: | Pure Connector |
Date Deposited: | 01 Dec 2015 07:29 |
Last Modified: | 08 Nov 2020 00:41 |
URI: | https://ueaeprints.uea.ac.uk/id/eprint/55540 |
DOI: | 10.1007/s00355-015-0935-y |
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