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This paper studies a general school choice problem with or without outside options. The Gale-Shapley student-proposing deferred acceptance mechanism (DA) has played a central role not only in theory but also in important practical applications. We show that in problems where some students cannot...
Persistent link: https://www.econbiz.de/10010309612
This paper studies a general school choice problem with or without outside options. The Gale-Shapley student-proposing deferred acceptance mechanism (DA) has played a central role not only in theory but also in important practical applications. We show that in problems where some students cannot...
Persistent link: https://www.econbiz.de/10009566572
-proof mechanism that is constrained efficient, i.e. that always produces a stable matching that is not Pareto-dominated by another … stable matching. We characterize all solvable priority structures satisfying the following two restrictions: (A) Either there …
Persistent link: https://www.econbiz.de/10011937252
We show how frictions and continuous transfers jointly affect equilibria in a model of matching in trading networks …
Persistent link: https://www.econbiz.de/10012212204
Persistent link: https://www.econbiz.de/10010245504
Persistent link: https://www.econbiz.de/10001636295
Persistent link: https://www.econbiz.de/10001604076
multiple properties relevant for a workable measure of comparison. -- Stable Marriage Problem ; Matching ; Blocking Pair …In matching markets the number of blocking pairs is often used as a criterion to compare matchings. We argue that this … changes, nor will it capture the satisfaction of the players with the matching. As an alternative, we set up two principles …
Persistent link: https://www.econbiz.de/10009126070
This paper examines whether the Mortensen-Pisssarides matching model with productivity changes can explain the time … seems to be the exogenous matching function and/or the exogenous surplus share, neither of which allows firms to use wage …
Persistent link: https://www.econbiz.de/10014034766
Persistent link: https://www.econbiz.de/10014228826