Showing 1 - 10 of 7,348
Gale and Shapley (1962) proposed that there is a similar game to the marriage problem called "the roommate problem …". And, they showed that unlike the marriage problem, the roommate problem may have unstable solutions. In other words, the … implements the full set of stable matchings in the existence of stability, and it ends up with Pareto Optimal matching in the …
Persistent link: https://www.econbiz.de/10011716017
In this paper, we study marriage formation through a two-sided secretary problem approach. We consider individuals with … characteristics. We show that individuals with a higher universal characteristic tend to be more picky in their marriage hunting. This …
Persistent link: https://www.econbiz.de/10013081052
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the …
Persistent link: https://www.econbiz.de/10012587476
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the …
Persistent link: https://www.econbiz.de/10012648091
We present a theoretical explanation of inefficient early matching in matching markets. Our explanation is based on …
Persistent link: https://www.econbiz.de/10011673087
Pairing Games or Markets studied here are the non-two-sided NTU generalization of assignment games. We show that the Equilibrium Set is nonempty, that it is the set of stable allocations or the set of semistable allocations, and that it has several notable structural properties. We also...
Persistent link: https://www.econbiz.de/10010350435
Gale and Shapley (1962) proposed that there is a similar game to the marriage problem called "the roommate problem …". And, they showed that unlike the marriage problem, the roommate problem may have unstable solutions. In other words, the … implements the full set of stable matchings in the existence of stability, and it ends up with Pareto Optimal matching in the …
Persistent link: https://www.econbiz.de/10014141000
understand their accomplishments, reviews successful matching processes adopted in particular market institutions. In some … matching algorithm – originally designed by Gale and Shapley (1962) for the college admissions problem – was imbued with … institutions by Roth; (Roth, 1985).Designing optimal matching algorithms has been heavily influenced by the practice of adopting …
Persistent link: https://www.econbiz.de/10013083403
We study a class of sequential non-revelation mechanisms in which hospitals make simultaneous take-it-or-leave-it offers to doctors. We prove that all pure strategy subgame perfect equilibriumoutcomes are stable, but the inclusion of contracts shrinks the set of equilibrium outcomes. Our...
Persistent link: https://www.econbiz.de/10012854651
We study a school choice problem under affirmative action policies where authorities reserve a certain fraction of the slots at each school for specific student groups, and where students have preferences not only over the schools they are matched to but also the type of slots they receive. Such...
Persistent link: https://www.econbiz.de/10012855668