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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

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

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

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

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

The purpose of this paper is to formulate and study a game where there is a player who is involved for a long time interval and several small players who stay in the game for short time intervals. Examples of such games abound in practice. For example a Bank is a long-term player who stays in...

Persistent link: https://www.econbiz.de/10010343101

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

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

Decentralizing centralized matching markets: Implications from early offers in university admissions

Grenet, Julien; He, Yinghua; Kübler, Dorothea - 2019

students to learn about universities and accepting a university that turns out to be inferior causes regret. We discuss and …

Persistent link: https://www.econbiz.de/10012024206

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 …

Persistent link: https://www.econbiz.de/10012057065

Transparency and fairness in school choice mechanisms

Hermstrüwer, Yoan - 2019

assumptions in matching theory, I show that the Boston mechanism improves perceived fairness. These results underscore the …

Persistent link: https://www.econbiz.de/10012110583

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