Baccara, Mariagiovanna; Lee, SangMok; Yariv, Leeat - In: Theoretical Economics 15 (2020) 3, pp. 1221-1278
We study a dynamic matching environment where individuals arrive sequentially. There is a trade‐off between waiting for a thicker market, allowing for higher‐quality matches, and minimizing agents' waiting costs. The optimal mechanism cumulates a stock of incongruent pairs up to a threshold...