The losses from integration in matching markets can be large
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Publication:2328512
Abstract: Although the integration of two-sided matching markets using stable mechanisms generates expected gains from integration, I show that there are worst-case scenarios in which these are negative. The losses from integration can be large enough that the average rank of an agent's spouse decreases by 37.5% of the length of their preference list in any stable matching mechanism.
Recommendations
- Incentive compatibility of large centralized matching markets
- Social integration in two-sided matching markets
- Stability in large matching markets with complementarities
- Matching with aggregate externalities
- Many-to-one matching markets with externalities among firms
- Large matching markets as two-sided demand systems
- Strategic disaggregation in matching markets
- Strategic complementarities and unraveling in matching markets
- Imperfect competition in two-sided matching markets
Cites work
- scientific article; zbMATH DE number 3558960 (Why is no real title available?)
- A Limit Theorem on the Core of an Economy
- An Exact Analysis of Stable Allocation
- An analysis of the stable marriage assignment algorithm
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- Incentives in the probabilistic serial mechanism
- Marriage matching and gender satisfaction
- Matching and bargaining models of markets: approximating small markets by large markets
- Population monotonic allocation schemes for cooperative games with transferable utility
- Social integration in two-sided matching markets
- The Average Number of Stable Matchings
- The Complexity of Counting Stable Marriages
Cited in
(6)- Equality of opportunity and integration in social networks
- Social integration in two-sided matching markets
- On the integration of Shapley-Scarf markets
- The cost of strategy-proofness in school choice
- Gainers and losers from market integration
- Fairness and efficiency in cake-cutting with single-peaked preferences
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