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Lone Wolves in Competitive Equilibria

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The Lone Wolf Theorem, proven by McVitie and Wilson (1970), states that any agent who is unmatched in one stable partnership assignment is unmatched in every stable assignment. This new study in matching theory by Ravi Jagadeesan, Scott Duke Kominers, and Ross Rheingans-Yoo broadens the Lone Wolf Theorem to exchange economies, with implications for the strategy-proof negotiation of job contracts.

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