The losses from integration in matching markets can be large
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Publication:2328512
DOI10.1016/J.ECONLET.2018.10.028zbMATH Open1422.91557arXiv1810.10287OpenAlexW2896639702WikidataQ60781772 ScholiaQ60781772MaRDI QIDQ2328512FDOQ2328512
Publication date: 10 October 2019
Published in: Economics Letters (Search for Journal in Brave)
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.
Full work available at URL: https://arxiv.org/abs/1810.10287
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