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In an experiment with 739 subjects we study whether and how different interventions might have an influence on the …
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This paper experimentally studies an essential institutional feature of matching markets: Randomization of allocation priorities. I compare single and multiple randomization in the student assignment problem with ties. The Gale-Shapley deferred acceptance algorithm is employed after...
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equilibrium for the immediate acceptance mechanism. This finds support in the experiment. Moreover, the lottery quota leads to …
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them. Through a pre-registered and theory-guided laboratory experiment, we provide evidence that such reciprocal …
Persistent link: https://www.econbiz.de/10014476792
equilibrium for the immediate acceptance mechanism. This finds support in the experiment. Moreover, the lottery quota leads to …
Persistent link: https://www.econbiz.de/10011918363
Volunteer supply is widespread, yet without a price inefficiencies occur due to suppliers' inability to coordinate with each other and with demand. For these contexts, we propose a market clearinghouse mechanism that improves efficiency if supply is altruistically provided. The mechanism, a...
Persistent link: https://www.econbiz.de/10011449876