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We present an experimental study of decentralized two‐sided matching markets with no transfers. Experimental … culminate in the median stable matching. Third, preferences' cardinal representations impact the stable partners with whom …
Persistent link: https://www.econbiz.de/10015423098
abilities (e.g., their exam scores). The matching outcome thus may be imperfect in terms of ex-ante fairness, which suggests … matching students with higher ability to better colleges. To achieve ex-ante fairness, we consider constraining student choice … unfair matching is also increased, resulting in a riskier matching outcome. Learning the game or providing students with …
Persistent link: https://www.econbiz.de/10014226646
unaffected. Contrary to the prevailing assumptions in matching theory, the Boston mechanism improves perceived fairness. These …
Persistent link: https://www.econbiz.de/10015433884
We propose a standard search and bargaining model with divisible money, in which only the random matching market opens …
Persistent link: https://www.econbiz.de/10015415280
Despite the accumulation of research on indirect reciprocity over the past 30 years and the publication of over 100,000 related papers, there are still many issues to be addressed. Here, we look back on the research that has been done on indirect reciprocity and identify the issues that have...
Persistent link: https://www.econbiz.de/10012431933
We report an experiment designed to study bargaining behavior between one buyer and multiple sellers with complementarity and how it is influenced by fairness concern and information transparency. We base our setup on a structured alternating-offer bargaining model in which a buyer procures...
Persistent link: https://www.econbiz.de/10015073214
-sided matching markets. It is shown that the set of ex-ante fair random allocations forms a complete and distributive lattice under …
Persistent link: https://www.econbiz.de/10014635425
One of the main goals of two-sided matching mechanisms is to pair two groups of agents in a stable manner. Stability …
Persistent link: https://www.econbiz.de/10015433880
Firms and workers predominately match via job postings, networks of personal contacts or the public employment agency, all of which help to ameliorate labor market frictions. In this paper we investigate the extent to which these search channels have differential effects on labor market...
Persistent link: https://www.econbiz.de/10014438511
pervasive in the market for small business loans. Motivated by this evidence, I develop a theory of firm-bank matching where …
Persistent link: https://www.econbiz.de/10015192290