Showing 1 - 10 of 14,956
In this paper we consider one-to-many matching problems where the preferences of the agents involved are represented by … matching to a matching of maximum total reward, one can always provide a compensation schedule that will be ex-post stable in … uses the fact that the core of an associated compensation matching game with constraints is nonempty. …
Persistent link: https://www.econbiz.de/10010373726
in any which way to obtain results on the welfare properties of trade. Secondly, some matching allocation mechanisms have …This article is concerned with the welfare properties of trade when the behavior of agents cannot be rationalized by … preferences. I investigate this question in an environment of matching allocation problems. There are two reasons for doing so …
Persistent link: https://www.econbiz.de/10013135180
in any which way to obtain results on the welfare properties of trade. Secondly, some matching allocation mechanisms have …This article is concerned with the welfare properties of trade when the behavior of agents cannot be rationalized by … preferences. I investigate this question in an environment of matching allocation problems. There are two reasons for doing so …
Persistent link: https://www.econbiz.de/10008779117
We consider two-sided many-to-many matching markets in which each worker may work for multiple firms and each firm may …
Persistent link: https://www.econbiz.de/10013096622
Evidence suggests that participants in direct student-proposing deferred-acceptance mechanisms (DA) play dominated strategies. To explain the data, we introduce expectation-based loss aversion into a school-choice setting and characterize choice-acclimating personal equilibria in DA. We find...
Persistent link: https://www.econbiz.de/10012698801
Dozens of school districts and college admissions systems around the world have reformed their admissions rules in recent years. As the main motivation for these reforms, the policymakers cited the strategic flaws of the rules in place: students had incentives to game the system. However, after...
Persistent link: https://www.econbiz.de/10012806298
Persistent link: https://www.econbiz.de/10012062121
We present a survey of the emerging literature on the design of matching markets. We survey the articles on discrete …
Persistent link: https://www.econbiz.de/10014025686
-sided matching models. We show that the NYC/Boston mechanism fails to satisfy these fairness properties. We then propose two new …
Persistent link: https://www.econbiz.de/10011673364
We incorporate externalities into the stable matching theory of two-sided markets. Extending the classical substitutes …. We show that substitutability is a necessary condition for the existence of a stable matching in a maximal-domain sense … and provide a characterization of substitutable choice functions. In addition, we extend the standard insights of matching …
Persistent link: https://www.econbiz.de/10012584081