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Behavioral Economics in Education Market Design : A Forward-Looking Review

Rees-Jones, Alex; Shorrer, Ran - National Bureau of Economic Research - 2023

The rational-choice framework for modeling matching markets has been tremendously useful in guiding the design of …

Persistent link: https://www.econbiz.de/10014226170

Decentralized Matching with Aligned Preferences

Niederle, Muriel - 2009

We study a simple model of a decentralized market game in which firms make directed offers to workers. We focus on markets in which agents have aligned preferences. When agents have complete information or when there are no frictions in the economy, there exists an equilibrium that yields the...

Persistent link: https://www.econbiz.de/10012463807

Adverse Selection in Competitive Search Equilibrium

Guerrieri, Veronica - 2009

matching, which depends in general on the principals' capacity constraints and market search frictions. We characterize …

Persistent link: https://www.econbiz.de/10012463733

Fixed Costs and the Product Market Treatment of Preference Minorities

Berry, Steven - 2014

It is well documented that, in the presence of substantial fixed costs, markets offer preference majorities more variety than preference minorities. This fact alone, however, does not demonstrate the market outcome is in any way biased against preference minorities. In this paper, we clarify the...

Persistent link: https://www.econbiz.de/10012458180

Identifying Preference for Early Resolution from Asset Prices

Ai, Hengjie; Bansal, Ravi; Guo, Hongye; Yaron, Amir - National Bureau of Economic Research - 2023

This paper develops an asset market based test for preference for the timing of resolution of uncertainty. Our main theorem provides a characterization of preference for early resolution of uncertainty in terms of the risk premium of assets realized during the period when the informativeness of...

Persistent link: https://www.econbiz.de/10014248005

Superiority-Seeking and the Preference for Exclusion

Imas, Alex; Madarász, Kristóf - National Bureau of Economic Research - 2022

We propose that a person's desire to consume an object or possess an attribute increases in how much others want but cannot have it. We term this motive superiority-seeking, and show that it generates preferences for exclusion that help explain a host of market anomalies and make novel...

Persistent link: https://www.econbiz.de/10013361988

Influencing Policy and Transforming Institutions : Lessons from Kidney/Liver Exchange

Sönmez, Tayfun; Ünver, M. Utku - National Bureau of Economic Research - 2023

Kidney exchange emerges as a pioneering application in the early stages of market design. In contrast to most other successful applications in the field, where design economists primarily serve as consultants to decision-makers, in the context of kidney exchange, they assumed the role of...

Persistent link: https://www.econbiz.de/10014447262

Describing Deferred Acceptance and Strategyproofness to Participants : Experimental Analysis

Gonczarowski, Yannai; Heffetz, Ori; Ishai, Guy; Thomas, … - National Bureau of Economic Research - 2024

We conduct an incentivized lab experiment to test participants' ability to understand the DA matching mechanism and the …

Persistent link: https://www.econbiz.de/10015094862

Deferred Acceptance Algorithms : History, Theory, Practice, and Open Questions

Roth, Alvin E. - 2007

, both directly, by being adapted into practical matching mechanisms, and, indirectly, by raising new theoretical questions …

Persistent link: https://www.econbiz.de/10012465429

The Aggregate Matching Function

Blanchard, Olivier Jean - 1989

We present a picture of the labor market, one with large flows of jobs and workers, and matching. We develop a … determination of wages. We estimate the matching function, using both aggregate data and data from manufacturing and find evidence … of a stable matching process in the data. We examine the joint movements in unemployment, vacancies and wages -the …

Persistent link: https://www.econbiz.de/10012475866

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