This paper studies a decentralized, dynamic matching and bargaining market: buyers and sellers are matched into pairs …

The paper investigates price formation in a decentralized market with random matching. Agents are assumed to have …

The extant literature on matching markets assumes ordinal preferences for matches, while bargaining within matches is …

large capacity, can lead to a higher matching efficiency, but with a lower total welfare, compared to having many middlemen …

-empty subset of agents S if (a) no agent in S prefers the first matching to the second, and (b) no agent in S and his room-mate in … S under the second matching prefer each other to their respective room-mates in the first matching, then no room-mate of … an agent in S prefers the second matching to the first. This result is a strengthening of a result originally due to …

-sided matching markets, such as school choice, labour markets and kidney exchange, relies on both theory as well as on empirical …The Nobel prize in economics in 2012 was awarded to Lloyd S. Shapley and Alvin E. Roth for 'the theory of stable … foundations of the theory of stable allocations (in particular the celebrated deferred-acceptance algorithm) as well as the …

We propose a way to model firm mergers using a matching game known as the roommate problem, whereby firms are assumed … indices used in standard discrete-choice models. Given all firms' preferences, game-theoretic mechanisms lead to a matching …

This paper provides a simple matching model in which unemployed workers and employers in large firms can be matched …

production determined by a matching process between workers and jobs. Macroeconomic equilibrium (national savings equal to …

labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching … labor force and rises the share of attached workers. Finally, our theory suggests that contrary to two-state models …