Showing 161 - 170 of 213
We study the existence of group strategy-proof stable rules in many-to-many matching markets under responsiveness of agents' preferences. We show that when firms have acyclical preferences over workers the set of stable matchings is a singleton, and the worker-optimal stable mechanism is a...
Persistent link: https://www.econbiz.de/10012854197
We study a class of sequential non-revelation mechanisms in which hospitals make simultaneous take-it-or-leave-it offers to doctors. We prove that all pure strategy subgame perfect equilibriumoutcomes are stable, but the inclusion of contracts shrinks the set of equilibrium outcomes. Our...
Persistent link: https://www.econbiz.de/10012854651
We analyze a competitive research-oriented public program established in Spain, the Ramon yCajal Program, intended to offer contracts in public research centers to high-quality researchers.We study the effects of the Program on the ex-post scientific productivity of its recipients, relativeto...
Persistent link: https://www.econbiz.de/10010861841
In this study we present a simple mechanism in a many-to-one matching market where multiple costless applications are allowed. The mechanism is based on the principles of eligibility and priority and it implements the set of stable matchings in Subgame Perfect Nash Equilibrium. We extend the...
Persistent link: https://www.econbiz.de/10010931188
We analyze the role of formal and informal information gathering in students' preference formation. We analyzed this role in the college admission process using Spanish individual data. We introduce students' risk aversion and information costs on the standard college admission problem. Then, we...
Persistent link: https://www.econbiz.de/10005249734
Persistent link: https://www.econbiz.de/10005307605
I analyze the admission mechanism used in Spanish universities. The system is open to strategic manipulation. This is because students are not allowed to express the whole list of available options. However, the mechanism implements the set of stable matchings in Nash equilibrium and the...
Persistent link: https://www.econbiz.de/10005370567
Persistent link: https://www.econbiz.de/10007288428
Studying the interaction between preference and capacity manipulation in matching markets, we prove that acyclicity is a necessary and sufficient condition that guarantees the stability of a Nash equilibrium and the strategy-proofness of truthful capacity revelation under the hospital-optimal...
Persistent link: https://www.econbiz.de/10009291576
This paper analyzes the role of acyclicity in singleton cores. We show that the absence of simultaneous cycles is a sufficient condition for the existence of singleton cores. Furthermore, acyclicity in the preferences of either side of the market is a minimal condition that guarantees the...
Persistent link: https://www.econbiz.de/10009291577