benefit payments compared to the wage earned in available jobs - labour supply and matching - a theoretical approach to …

optimal for the seller to do away with any matching considerations and allocate the contract on the basis of price alone. If … matching is sufficiently important to the seller, the optimal mechanism may be implemented without commitment. However, if … matching is not sufficiently important, the seller suffers a loss when he is unable to commit. The magnitude of this loss …

In many auctions, matching between the bidder and seller raises the value of the contract for both parties. However … depresses bids. The more matching matters, the greater the penalty associated with observing the matches. …

courses and courses have implicit preferences for students. This formulates a many-to-many matching problem. We show the …

. We extend the model, allowing for different prior beliefs about the value of the object, arguing that a complementarity … to trade: a matching market with a fixed price or a haggling market. Our model also provides a testable difference …