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acceptance mechanism can achieve stability. These results provide insights into non-standard preferences in matching markets, and … paper, we introduce and formalize reciprocal preferences, apply them to matching markets, and analyze the implications for …
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We study subgame-perfect implementation (SPI) mechanisms that have been proposed as a solution to incomplete … efficiency. Our results highlight the importance of tailoring implementation mechanisms to the underlying behavioral environment … contracting problems. We show that these mechanisms — which are based on off-equilibrium arbitration clauses that impose large …
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We study subgame-perfect implementation (SPI) mechanisms that have been proposed as a solution to incomplete … efficiency. Our results highlight the importance of tailoring implementation mechanisms to the underlying behavioral environment. … contracting problems. We show that these mechanisms - which are based on off-equilibrium arbitration clauses that impose large …
Persistent link: https://www.econbiz.de/10012318860
the Gale-Shapley Deferred Acceptance (DA) mechanism versus the Iterative Deferred Acceptance Mechanism (IDAM), a matching … robustness of stability between the rounds of experiments. Our findings provide substantial support for the rising practice of … using iterative mechanisms in centralized college admissions in practice. …
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