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make investments before matching in a competitive market. We introduce the notion of premune-ation values—the values to the …
Persistent link: https://www.econbiz.de/10011686665
We develop a theory of stability in many-to-many matching markets. We give conditions under which the setwise …
Persistent link: https://www.econbiz.de/10011703024
study the assortative matching properties of the resulting assignment. The main insight is that in general it is optimal to … diversify the composition of the teams, ruling out positive assortative matching. This diversification leads to negative … assortative matching when teams consist of pairs of experts. And when experts' signals are conditionally independent, all teams …
Persistent link: https://www.econbiz.de/10011855895
We consider a matching model in which individuals belonging to two populations (\textquotedblleft males … which few general results have previously been derived. We show that in this framework a stable matching always exists, it …
Persistent link: https://www.econbiz.de/10011672274
maximum matching can avoid this risk and enjoy higher payoffs than inessential players. Although the search for partners is …
Persistent link: https://www.econbiz.de/10012104571
A large class of two-sided matching models that include both transferable and non-transferable utility result in … positive assortative matching along a latent index. Data from matching markets, however, may not exhibit perfect assortativity … estimation using dependent data from a single large matching market. The nature of the dependence requires modification of …
Persistent link: https://www.econbiz.de/10011801605
Persistent link: https://www.econbiz.de/10014440166
We propose a dynamic model of decentralized many-to-one matching in the context of a competitive labor market. Through …
Persistent link: https://www.econbiz.de/10011453256
-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
Strategy‐proofness (SP) is a sought‐after property in social choice functions because it ensures that agents have no incentive to misrepresent their private information at both the interim and ex post stages. Group strategy‐proofness (GSP), however, is a notion that is applied to the ex...
Persistent link: https://www.econbiz.de/10012806548