Showing 1 - 10 of 854
dates in two-sided matching markets inspired by the entry-level professional labor markets for medical interns in Britain … acceptance mechanism in preventing early contracts in the experiment although it performs better than the priority matching …
Persistent link: https://www.econbiz.de/10014124279
We study the classical, two-sided stable marriage problem under pairwise preferences. In the most generalsetting, agents are allowed to express their preferences as comparisons of any two of their edges and they alsohave the right to declare a draw or even withdraw from such a comparison. This...
Persistent link: https://www.econbiz.de/10012212181
preference list over the acceptable agents in the opposite class. A matching is called stable if it is not blocked by any pair of … definitions for a stable matching: weak, strong and super-stability. Besides this, acceptable pairs in the instance can be … restricted in their ability of blocking a matching or being part of it, which again generates three categories of restrictions on …
Persistent link: https://www.econbiz.de/10012212201
The stable allocation problem is one of the broadest extensions of the well-known stable marriage problem. In an allocation problem, edges of a bipartite graph have capacities and vertices have quotas to fill. Here we investigate the case of uncoordinated processes in stable allocation...
Persistent link: https://www.econbiz.de/10012011933
Recent debate in the medical literature has brought attention to issues with the pre-match interview process for residency and fellowship positions at hospitals. However, little is known about the economics of this decentralized process. In this paper, I build a game-theoretic model in which...
Persistent link: https://www.econbiz.de/10013321742
I study a many-to-many, two-sided, transferable utility matching game. Consider data on matches or relationships …
Persistent link: https://www.econbiz.de/10011754942
Morton and Wecker (1977) stated that the value iteration algorithm solves a dynamic program's policy function faster than its value function when the limiting Markov chain is ergodic. I show that their proof is incomplete, and provide a new proof of this classic result. I use this result to...
Persistent link: https://www.econbiz.de/10011994824
Individual players in a simultaneous equation binary choice model act differently in different environments in ways that are frequently not captured by observables and a simple additive random error. This paper proposes a random coefficient specification to capture this type of heterogeneity in...
Persistent link: https://www.econbiz.de/10009725714
In this paper, we develop a new model of a static game of incomplete information with a large number of players. The model has two key distinguishing features. First, the strategies are subject to threshold effects, and can be interpreted as dependent censored random variables. Second, in...
Persistent link: https://www.econbiz.de/10011297621
Strategic interaction parameters characterize the impact of actions of one economic agent on the payoff of another economic agent, and are of great interest in both theoretical and empirical work. In this paper, by considering econometric models involving simultaneous discrete systems of...
Persistent link: https://www.econbiz.de/10011994545