, matching can occur (inefficiently) early only when there is comparable demand and supply: a surplus of applicants, but a …

We incorporate externalities into the stable matching theory of two-sided markets. Extending the classical substitutes …. We show that substitutability is a necessary condition for the existence of a stable matching in a maximal-domain sense … and provide a characterization of substitutable choice functions. In addition, we extend the standard insights of matching …

We study a two-sided matching market with a set of heterogeneous firms and workers in an environment where jobs are … workers are gross substitutes to each firm. It turns out that by introducing job security, stability and efficiency may still …