Stable matching mechanisms are used to clear many two-sided markets. In practice, these mechanisms leave many agents on both sides unmatched. What factors determine the number of unmatched agents, and the quality of matches that do form? This paper answers this question, with a particular focus...

Participants in matching markets face search and screening costs when seeking a match. We study how platform design can reduce the effort required to find a suitable partner. We study a game-theoretic model in which "applicants" and "employers" pay costs to search and screen. An important...

We analyze the k-ticket lottery, which is used to allocate hunting permits in the state of Alaska. Each participant is given k tickets to distribute among lotteries for different types of items. Participants who win multiple items receive their favorite, and new winners are drawn from the...