Kagel, John H.; Roth, Alvin E. - In: The Quarterly Journal of Economics 115 (2000) 1, pp. 201-235
We create an environment in which congestion forces agents to match inefficiently early. We then introduce one of two centralized clearinghouse mechanisms. One of these has been successfully used to halt this kind of unraveling in a number of labor markets, while the other has failed. When it is...