Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • Article
  • Games and Economic Behavior

On the Correspondence of Contracts to Salaries in (Many-to-Many) Matching

By: Scott Duke Kominers
  • Format:Print
ShareBar

Abstract

In this note, I extend the work of Echenique (2012) to show that a model of many-to-many matching with contracts may be embedded into a model of many-to-many matching with wage bargaining whenever (1) all agentsʼ preferences are substitutable and (2) the matching with contracts model is unitary, in the sense that every contractual relationship between a given firm–worker pair is specified in a single contract. Conversely, I show that unitarity is essentially necessary for the embedding result.

Keywords

Many-to-Many Matching; Stability; Substitutes; Contract Design; Unitarity; Market Design; Contracts; Marketplace Matching; Balance and Stability; Economics

Citation

Kominers, Scott Duke. "On the Correspondence of Contracts to Salaries in (Many-to-Many) Matching." Games and Economic Behavior 75, no. 2 (July 2012): 984–989.
  • Find it at Harvard
  • Purchase

About The Author

Scott Duke Kominers

Entrepreneurial Management
→More Publications

More from the Author

    • Harvard Business Review Digital Articles

    Why Build in Web3

    By: Jad Esber and Scott Duke Kominers
    • Bloomberg Opinion

    Why One Little Goof Drove Wordle Fans Nuts

    By: Scott Duke Kominers
    • Bloomberg Opinion

    The Failure of Covid.gov Is Worse Than Inexcusable

    By: Scott Duke Kominers
More from the Author
  • Why Build in Web3 By: Jad Esber and Scott Duke Kominers
  • Why One Little Goof Drove Wordle Fans Nuts By: Scott Duke Kominers
  • The Failure of Covid.gov Is Worse Than Inexcusable By: Scott Duke Kominers
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Digital Accessibility
Copyright © President & Fellows of Harvard College