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Using the assignment of students to schools as our leading example, we study many-to-one two-sided matching markets without transfers. Students are endowed with cardinal preferences and schools with ordinal ones, while preferences of both sides need not be strict. Using the idea of a competitive...
Persistent link: https://www.econbiz.de/10010851345
proposals. While the lack of information alone does not reduce stability or efficiency, its combination with search costs can be …
Persistent link: https://www.econbiz.de/10010533735
This paper develops an integer programming approach to two-sided many-to-one matching by investigating stable integral matchings of a fictitious market where each worker is divisible. We show that stable matching exists in a discrete matching market when firms' preference profile satisfies a...
Persistent link: https://www.econbiz.de/10014537033
This paper studies a stability notion and matching processes in the job market with incomplete information on the …-specific information, we propose a stability notion which, in addition to requiring individual rationality and no blocking pairs, captures …
Persistent link: https://www.econbiz.de/10012215321
regarding the others' reaction following a deviation. The relationship of stability and optimality is also discussed, as is the …
Persistent link: https://www.econbiz.de/10013208655
We study employment by lotto (Aldershof et al., 1999), a matching algorithm for the so-called stable marriage problem. We complement Aldershof et al.'s analysis in two ways. First, we give an alternative and intuitive description of employment by lotto. Second, we disprove Aldershof et al.'s...
Persistent link: https://www.econbiz.de/10005247860
We study procedurally fair matching mechanisms that produce stable matchings for the so-called marriage model of one-to-one, two-sided matching. Our main focus is on two such mechanisms: employment by lotto introduced by Aldershof et al. (1999) and the random order mechanism due to Roth and...
Persistent link: https://www.econbiz.de/10010547153
We motivate procedural fairness for matching mechanisms and study two procedurally fair and stable mechanisms: employment by lotto (Aldershof et al., 1999) and the random order mechanism (Roth and Vande Vate, 1990, Ma, 1996). For both mechanisms we give various examples of probability...
Persistent link: https://www.econbiz.de/10005582714
regarding the others' reaction following a deviation. The relationship of stability and optimality is also discussed, as is the …
Persistent link: https://www.econbiz.de/10010734770
This paper revisits manipulation via capacities in centralized two-sided matching markets. Sönmez (1997) showed that no stable mechanism is nonmanipulable via capacities. We show that non-manipulability via capacities can be equivalently described by two types of non-manipulation via...
Persistent link: https://www.econbiz.de/10008617057