This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when … communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets …, but incomplete specialization in marriage. It also captures well-known matching patterns in each of these sectors …

Many two-sided matching situations involve multiperiod interaction. Traditional cooperative solutions, such as … stability and the core, often identify unintuitive outcomes (or are empty) when applied to such markets. As an alternative, this … study proposes the criterion of perfect a stability. An outcome is perfect a-stable if no coalition prefers an alternative …

In a two-sided matching market when agents on both sides have preferences the stability of the solution is typically … good solutions with regard to the stability and the distributional constraints. Our approach can be useful in a variety of …

Contrary to common practice in selling homes and start-ups, mechanism design theory typically recommends English … (increasing price) over Dutch (decreasing price) auctions. Yet this theory neglects the uncertain investment required to …

We study a natural generalization of the maximum weight many-to-one matching problem. We are given an undirected … maximum weight many-to-one matching satisfying two sets of constraints: vertices in A are incident to at most one matching … edge, while vertices in P are either unmatched or they are incident to a number of matching edges between their lower and …