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 …

-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 …

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

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

-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 …

How can long-term unemployment be reduced by policy measures of the government? In this paper a growth-matching … wird ein Wachstums-Matching-Modell entwickelt, das durch heterogene Arbeitslose - Kurz- und Langzeitarbeitslose - und bei …

of growth attributable to technical progress is evaluated in a growth-matching-model with heterogeneous jobless workers … Langzeitarbeitslosigkeit und der Wachstumsrate des technischen Fortschritts wird in einem Wachstums-Matching-Modell mit heterogenen …