Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

This is the matching theory course Please help with the second and thirs tasks 2. In what follows, we will prove the following lemma in

image text in transcribedimage text in transcribedimage text in transcribed

This is the matching theory course

Please help with the second and thirs tasks

image text in transcribedimage text in transcribedimage text in transcribed
2. In what follows, we will prove the following lemma in two steps: Lemma 1 A matching ,u. is group stable {fund only {fit is (pairwise) stable. Proof of \"Only if" Direction. Suppose that a matching ,u. is pairwise stable, but also for contradiction that it [u] is not group stable. Then it is blocked by a coalition A and an outcome u'. a. [15 pts] Show that there exists at least one c E A. h. [15 pts] Show that there exists a students s E 01')_1{c) \\ (1401 (c) and a o E UJ}_1{S) \\{u'}_1[c) such that s >.; or.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Macroeconomics

Authors: Robert C. Feenstra, Alan M. Taylor

Fourth Edition

1319061729, 978-1319061722

More Books

Students also viewed these Economics questions

Question

What is the value of portfolio analysis? Its dangers?

Answered: 1 week ago