Wie finden Eltern die richtige Schule für ihr Kind? Oder Jobsuchende den richtigen Arbeitgeber - und umgekehrt? Wie finden Nierenkranke den richtigen Organspender? Und Singles den richtigen Partner? Nobelpreisträger Alvin Roth, einer der weltweit führenden Wirtschaftswissenschaftler, zeigt,...

Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers. However this presents a puzzle, since unraveling can only occur when firms are willing to make early...

"This note describes the unraveling of transaction dates in several markets, including the labor markets for new lawyers hired by large law firms and for gastroenterology fellows, and the market for post-season college football bowls. Together these will illustrate that unraveling can occur in...