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We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched … competition increases overall welfare. In particular, this is always the case when the incentives for defection are high. … welfare because more agents find themselves in a cooperative relationship. We characterize the conditions for which increasing …
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We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched … competition increases overall welfare. In particular, this is always the case when the incentives for defection are high. … welfare because more agents find themselves in a cooperative relationship. We characterize the conditions for which increasing …
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