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We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched … pairs play an infinitely repeated Prisoner's Dilemma. Higher matching efficiency is usually considered detrimental as it … creates stronger incentives for defection. We point out, however, that a reduction in matching frictions also increases …
Persistent link: https://www.econbiz.de/10014076846
-optimal and hospital-optimal stable mechanisms in matching markets. Both the mechanisms are manipulable via Type-2 pre …
Persistent link: https://www.econbiz.de/10013122135
Recent debate in the medical literature has brought attention to issues with the pre-match interview process for residency and fellowship positions at hospitals. However, little is known about the economics of this decentralized process. In this paper, I build a game-theoretic model in which...
Persistent link: https://www.econbiz.de/10013321742
We study congestion problems in decentralized, two-sided matching markets. The main focus is on the impact of market … from a centralized market with assortative matching …
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We study a two-sided market where a platform attracts firms selling differentiated products and buyers interested in those products. In the unique subgame perfect equilibrium of the game, the platform fully internalizes the network externalities present in the market and firms and consumers all...
Persistent link: https://www.econbiz.de/10011374421