efficiency. Also, of the three novelties introduced in our experiment -tiered structure, multiple matches and known priority …

This paper tests the insiders’ dilemma hypothesis in a laboratory experiment. The insiders’ dilemma means that a …

more effective than decentralized policies such as cross-subsidization of students by colleges. …

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 …

characteristics that the analyst does not observe. The social optimum must therefore trade off matching on incomes and matching on … set of feasible matchings and of the socially optimal matching. Then we show how data on the covariation of the types of …

generated through bilateral matching of agents spanning a spectrum of types. Domestic matching is perfect – every trader knows … the type of all others and can approach any, but international matching is random – every trader lacks the information to … choose a partner’s type. Group ties, however, allow perfect matching abroad to a minority of individuals who have access to …

particular, this Paper shows that when matching is assortative and sellers’ investments precede market competition then …

finding, we describe a model of multi-trait matching and inheritance, in which individuals’ attractiveness in the marriage …