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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 conduct one of the first laboratory experiments and noncooperative analyses of the de-centralized matching market … but some differ from experimental evidence. Stable matching, which coincides with efficient matching in this setting, is … core and whether efficient matching is assortative determine the rate of matching, efficient matching, and surplus achieved …
Persistent link: https://www.econbiz.de/10012834566
The aim of this paper is to propose a new solution for the roommate problem with strict references. We introduce the solution of maximum irreversibility and consider almost stable matchings (Abraham et al. [2]) and maximum stable matchings (Tan [30] [32]). We find that almost stable matchings...
Persistent link: https://www.econbiz.de/10010411419
A large literature uses matching models to analyze markets with two-sided heterogeneity, studying problems such as the … matching of students to schools, residents to hospitals, husbands to wives, and workers to firms. The analysis typically … matching problems with one-sided asymmetric information. The key conceptual problem is to formulate a notion of a blocking pair …
Persistent link: https://www.econbiz.de/10013101438
Using a bi-choice graph technique (Klaus and Klijn, 2009), we show that a matching for a roommate market indirectly … dominates another matching if and only if no blocking pair of the former is matched in the latter (Proposition 1). Using this … von Neumann-Morgenstern farsightedly stable if and only if the matching is stable (Theorem 1). We also present roommate …
Persistent link: https://www.econbiz.de/10013159464
We consider the one-to-one two-sided matching with contracts model in which buyers face financial constraints. In this …
Persistent link: https://www.econbiz.de/10012872151
We study the existence of group strategy-proof stable rules in many-to-many matching markets under responsiveness of …, acyclicity is the minimal condition guaranteeing the existence of stable and strategy-proof mechanisms in many-to-many matching …
Persistent link: https://www.econbiz.de/10012854197
It is known that in two-sided many-to-many matching markets, pair-wise stability is not logically related with the … (weak) core, unlike in many-to-one matching markets (Blair, 1988). In this paper, we seek a theoretical foundation for …-partner matching problem that includes two-sided matching problems as special cases. Under the same preference restriction, we also …
Persistent link: https://www.econbiz.de/10011593632
characterize the existence of stable assignments in many-to-one matching problems with externalities. The set of stable matchings … bottom q-substitutability that guarantees the existence of at least one stable matching when the set of estimations includes …
Persistent link: https://www.econbiz.de/10012195202
empty, it contains a unique matching, the dominance invariant stable matching, in which all agents who mutually top rank …
Persistent link: https://www.econbiz.de/10014174138