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make investments before matching in a competitive market. We introduce the notion of premune-ation values—the values to the …
Persistent link: https://www.econbiz.de/10011686665
We consider the pricing problem of a platform that matches heterogeneous agents using match‐contingent fees. Absent prices, agents on the short side of such markets capture relatively greater surplus than those on the long side (Ashlagi et al. 2017). Nevertheless we show that the platform need...
Persistent link: https://www.econbiz.de/10012806283
We show that the class of preferences satisfying the Gross Substitutes condition of Kelso and Crawford (1982) is strictly larger than the class of Endowed Assignment Valuations of Hatfield and Milgrom (2005), thus resolving the open question posed by the latter paper. In particular, our result...
Persistent link: https://www.econbiz.de/10011673201
This paper studies market clearing in matching markets. The model is non-cooperative, fully decentralized, and in …
Persistent link: https://www.econbiz.de/10012020318
We develop a theory of stability in many-to-many matching markets. We give conditions under which the setwise …
Persistent link: https://www.econbiz.de/10011703024
maximum matching can avoid this risk and enjoy higher payoffs than inessential players. Although the search for partners is …
Persistent link: https://www.econbiz.de/10012104571
properties in diverse settings such as matching, auctions, and exchange economies with indivisible goods. We extend earlier …
Persistent link: https://www.econbiz.de/10012158861
This paper studies a stability notion and matching processes in the job market with incomplete information on the …
Persistent link: https://www.econbiz.de/10012159014
stable when agents are farsighted in one-to-one matching problems. We provide the characterization of vNM farsightedly stable … cannot include matchings that are not in the core. Moreover, we show that our main result is robust to many-to-one matching …
Persistent link: https://www.econbiz.de/10011691082
In a matching problem between students and schools, a mechanism is said to be robustly stable if it is stable, strategy …-proof, and immune to a combined manipulation, where a student first misreports her preferences and then blocks the matching that …
Persistent link: https://www.econbiz.de/10011694986