Showing 1 - 10 of 9,437
Persistent link: https://www.econbiz.de/10012404589
Matching markets can be unstable when individuals prefer to be matched to a partner who also wants to be matched with … them. Through a pre-registered and theory-guided laboratory experiment, we provide evidence that such reciprocal … preferences exist, significantly decrease stability in matching markets, and are driven both by belief-based and preference …
Persistent link: https://www.econbiz.de/10014476792
Evidence suggests that participants in direct student-proposing deferred-acceptance mechanisms (DA) play dominated strategies. To explain the data, we introduce expectation-based loss aversion into a school-choice setting and characterize choice-acclimating personal equilibria in DA. We find...
Persistent link: https://www.econbiz.de/10012698801
paper, we introduce and formalize reciprocal preferences, apply them to matching markets, and analyze the implications for … acceptance mechanism can achieve stability. These results provide insights into non-standard preferences in matching markets, and …
Persistent link: https://www.econbiz.de/10014478421
Extensive evidence suggests that participants in the direct student-proposing deferred-acceptance mechanism (DSPDA) play dominated strategies. In particular, students with low priority tend to misrepresent their preferences for popular schools. To explain the observed data, we introduce...
Persistent link: https://www.econbiz.de/10012138798
Persistent link: https://www.econbiz.de/10014305432
Persistent link: https://www.econbiz.de/10011346884
I introduce a stability notion, dynamic stability, for two-sided dynamic matching markets where (i) matching … opportunities arrive over time, (ii) matching is one-to-one, and (iii) matching is irreversible. The definition addresses two … allowed to form blocking pairs. Second, dynamic matching markets exhibit a form of externality that is not present in static …
Persistent link: https://www.econbiz.de/10013273775
-sided matching models. We show that the NYC/Boston mechanism fails to satisfy these fairness properties. We then propose two new …
Persistent link: https://www.econbiz.de/10011673364
Persistent link: https://www.econbiz.de/10012617591