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. Complete information equilibrium outcomes are shown to be characterized by a \emph{stability} condition that is adapted to the … \emph{institutional constraints} of the German system. I introduce \emph{matching problems with complex constraints} and the … notion of \emph{procedural stability}. Two simple assumptions guarantee existence of a student optimal procedurally stable …
Persistent link: https://www.econbiz.de/10010535252
, the domain of weakly responsive preferences, that guarantees stability. Under a restricted unemployment aversion condition …) responsiveness, that model the wish of couples to be closer together, cause instability, even when we use a weaker stability notion …
Persistent link: https://www.econbiz.de/10010547122
fixed number of schools to be acceptable. We focus on the stability and efficiency of the Nash equilibrium outcomes. Our … main results identify rather stringent necessary and sufficient conditions on the priorities to guarantee stability or …
Persistent link: https://www.econbiz.de/10010547129
. Constraining choices increases segregation and affects the stability and efficiency of the final allocation. Remarkably, the …
Persistent link: https://www.econbiz.de/10010547189
In this note we study the National Resident Matching Program (NRMP) algorithm in the US market for physicians. We …. Roth and Peranson, 1999). First, we show that the new NRMP algorithm may not find an existing stable matching, even when …
Persistent link: https://www.econbiz.de/10010547404
We study two-sided matching markets with couples and show that for a natural preference domain for couples, the domain …. Starting from an arbitrary matching, we construct a path of matchings obtained from 'satisfying' blocking coalitions that … yields a stable matching. Hence, we establish a generalization of Roth and Vande Vate's (1990) result on path convergence to …
Persistent link: https://www.econbiz.de/10010547436
We study the effect of different school choice mechanisms on schools' incentives for quality improvement. To do so, we introduce the following criterion: A mechanism respects improvements of school quality if each school becomes weakly better off whenever that school becomes more preferred by...
Persistent link: https://www.econbiz.de/10009353445
This survey deals with two-sided matching markets where one set of agents (workers/residents) has to be matched with … recent contributions to a complex and representative case of matching with complementarities, namely matching markets with …
Persistent link: https://www.econbiz.de/10009366301