Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10002024877
In this paper we propose a methodology for estimating preference parameters in matching models. Our estimator applies to repeated observations of matchings among a fixed group of individuals, which is a similar data structure as in Fox (2010). Our estimator is based on stability conditions in...
Persistent link: https://www.econbiz.de/10012996408
Persistent link: https://www.econbiz.de/10010359149
Persistent link: https://www.econbiz.de/10003820113
Persistent link: https://www.econbiz.de/10003873214
Persistent link: https://www.econbiz.de/10011485131
We develop a theory of stability in many-to-many matching markets. We give conditions under which the setwise-stable set, a core-like concept, is nonempty and can be approached through an algorithm. The usual core may be empty. The setwise-stable set coincides with the pairwise-stable set and...
Persistent link: https://www.econbiz.de/10011703024
We present a theoretical explanation of inefficient early matching in matching markets. Our explanation is based on strategic complementarities and strategic unraveling. We identify a negative externality imposed on the rest of the market by agents who make early offers. As a consequence, an...
Persistent link: https://www.econbiz.de/10011673087
We develop a theory of stability in many-to-many matching markets. We give conditions under which the setwise-stable set, a core-like concept, is nonempty and can be approached through an algorithm. The usual core may be empty. The setwise-stable set coincides with the pairwise-stable set, and...
Persistent link: https://www.econbiz.de/10014066115
We characterize the core many-to-one matchings as fixed points of a map. Our characterization gives an algorithm for finding core allocations; the algorithm is efficient and simple to implement. Our characterization does not require substitutable preferences, so it is separate from the structure...
Persistent link: https://www.econbiz.de/10014066117