Hoppe, Heidrun C.; Moldovanu, Benny; Ozdenoren, Emre - C.E.P.R. Discussion Papers - 2007
of a coarse matching scheme consisting of two classes of agents on each side, in terms of matching surplus (output), the …, our philosophy is that, if the worst-case scenario under coarse matching is not too bad relative to what is achievable by … more complex, finer schemes, a coarse matching scheme will turn out to be preferable once the various transaction costs …