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Decision making process in energy market with producers of different profiles
Kakogiannis, Nikolaos - In: SPOUDAI - Journal of Economics and Business 63 (2013) 1/2, pp. 75-93
(energy producers) try to improve their strategies, by changing their profile, so as to penetrate in the electrical grid and …
Persistent link: https://www.econbiz.de/10010343101
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Stabile Allokationen und Matching-Märkte: Zum Nobelpreis für Wirtschaftswissenschaften an Lloyd S. Shapley und Alvin E. Roth
Kübler, Dorothea - In: Wirtschaftsdienst 92 (2012) 12, pp. 843-847
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 …-sided matching markets, such as school choice, labour markets and kidney exchange, relies on both theory as well as on empirical …
Persistent link: https://www.econbiz.de/10010471332
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Analysis of Stochastic Matching Markets
Biró, Péter; Norman, Gethin - 2011
Suppose that the agents of a matching market contact each other randomly and form new pairs if is in their interest. Does such a process always converge to a stable matching if one exists? If so, how quickly? Are some stable matchings more likely to be obtained by this process than others? In...
Persistent link: https://www.econbiz.de/10010494477
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Matching with Waiting Times: The German Entry-Level Labour Market for Lawyers
Dimakopoulos, Philipp D.; Heller, C.-Philipp - 2015
We study the allocation of German lawyers to different regional courts for their compulsory legal traineeship. The number of applicants exceeds the number of available positions in a given time period in some regions, so that not all lawyers can be matched simultaneously. As a consequence some...
Persistent link: https://www.econbiz.de/10011301749
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Assignment Games with Externalities And Matching-Based Cournot Competition
Chen, Bo - 2013
We develop a model of assignment games with pairwise-identity-dependent externalities. A concept of conjectural equilibrium is proposed, and the universal conjecture is shown to be the necessary and sufficient condition for the general existence of equilibrium. We then apply the solution concept...
Persistent link: https://www.econbiz.de/10010332666
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Second-best incentive compatible allocation rules for multiple-type indivisible objects
Anno, Hidekazu; Kurino, Morimitsu - 2014
We consider the problem of allocating several types of indivisible goods when preferences are separable and monetary transfers are not allowed. Our finding is that the coordinatewise application of strategy-proof and non-wasteful rules yields a strategy-proof rule with the following efficiency...
Persistent link: https://www.econbiz.de/10010333361
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Gross substitutes and endowed assignment valuations
Ostrovsky, Michael; Paes Leme, Renato - In: Theoretical Economics 10 (2015) 3, pp. 853-865
We show that the class of preferences satisfying the Gross Substitutes condition of Kelso and Crawford (1982) is strictly larger than the class of Endowed Assignment Valuations of Hatfield and Milgrom (2005), thus resolving the open question posed by the latter paper. In particular, our result...
Persistent link: https://www.econbiz.de/10011599555
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Matching with slot-specific priorities: theory
Kominers, Scott Duke; Sönmez, Tayfun - In: Theoretical Economics 11 (2016) 2, pp. 683-710
We introduce a two-sided, many-to-one matching with contracts model in which agents with unit demand match to branches that may have multiple slots available to accept contracts. Each slot has its own linear priority order over contracts; a branch chooses contracts by filling its slots...
Persistent link: https://www.econbiz.de/10011599581
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Decentralizing centralized matching markets: Implications from early offers in university admissions
Grenet, Julien; He, Yinghua; Kübler, Dorothea - 2019
decision, we show that early offers are more likely to be accepted than (potential) later offers, despite early offers not …
Persistent link: https://www.econbiz.de/10012024206
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Stability of equilibrium outcomes under deferred acceptance: Acyclicity and dropping strategies
Tello, Benjamín - 2018
We consider the problem of matching a set of medical students to a set of medical residency positions (hospitals) under the assumption that hospitals' preferences over groups of students are responsive. In this context, we study the preference revelation game induced by the student proposing...
Persistent link: https://www.econbiz.de/10012057065