Echenique, Federico; Wilson, Alistair J.; Yariv, Leeat - In: Quantitative economics : QE ; journal of the … 7 (2016) 2, pp. 449-482
We experimentally study the Gale and Shapley (1962) mechanism, which is utilized in a wide set of applications, most prominently the National Resident Match- ing Program (NRMP). Several insights come out of our analysis. First, only 48% of our observed outcomes are stable, and among those a...