We conduct one of the first laboratory experiments and noncooperative analyses of the de-centralized matching market … but some differ from experimental evidence. Stable matching, which coincides with efficient matching in this setting, is … core and whether efficient matching is assortative determine the rate of matching, efficient matching, and surplus achieved …

Matching markets can be unstable when individuals prefer to be matched to a partner who also wants to be matched with … preferences exist, significantly decrease stability in matching markets, and are driven both by belief-based and preference …

We study an experiment of the students-proposing deferred acceptance mechanism (DA) in matching markets where firms are … higher ranking. This experiment confirms that the matching results under DA influence students’ preference formation, which …

This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the …

This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the …

investment timings. Players choose when to invest in a nonrival project with uncertain returns. The earliest investor bears the … costs of investment and all players learn whether the project is of good or bad quality. Informational externalities create … free-riding incentives resulting in strategic delays in investment timings. Our theoretical analysis suggests that …

optimal public policy, defined by the time path of investment and consumption. In each period, a legislature with … presentatives of each of n districts bargain over the current period's endowment for investment in the public good and transfers to … investment in the public good and less pork. We examine the theoretical equilibrium predictions by conducting a laboratory …