We present an experimental study where we analyze three well-known matching mechanisms--the Boston, the Gale-Shapley, and the Top Trading Cycles mechanisms--in different informational settings. Our experimental results are consistent with the theory, suggesting that the TTC mechanism outperforms...

Decentralized markets are modeled by means of a sequential game where, starting from any matching situation, firms are randomly given the opportunity to make job offers. In this random context, we prove the existence of ordinal subgame perfect equilibria where firms act according to a list of...