Ordinal and cardinal solution concepts for two-sided matching
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Abstract: We characterize solutions for two-sided matching, both in the transferable and in the nontransferable-utility frameworks, using a cardinal formulation. Our approach makes the comparison of the matching models with and without transfers particularly transparent. We introduce the concept of a no-trade matching to study the role of transfers in matching. A no-trade matching is one in which the availability of transfers do not affect the outcome.
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Cites work
- scientific article; zbMATH DE number 48303 (Why is no real title available?)
- College Admissions and the Stability of Marriage
- Job Matching, Coalition Formation, and Gross Substitutes
- Stability and Polarization of Interests in Job Matching
- Substitutes and stability for matching with contracts
- The Economist as Engineer: Game Theory, Experimentation, and Computation as Tools for Design Economics
- The assignment game. I: The core
- The housing problem and revealed preference theory: duality and an application
- The revealed preference theory of stable and extremal stable matchings
- Two new proofs of Afriat's theorem
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