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The College Admissions Problem Revisited

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Author Info
Roth, Alvin E
Sotomayor, Marilda

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Abstract

The college admissions problem is perhaps the simplest model of many-to-one matching in two-sided markets, such as labor markets. The authors show that the set of stable outcomes (which is equal to the core defined by weak domination) has some surprising properties not found in models of one-to-one matching. These properties may help to explain the success that this kind of model has had in explaining empirical observations. Copyright 1989 by The Econometric Society.

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Publisher Info
Article provided by Econometric Society in its journal Econometrica.

Volume (Year): 57 (1989)
Issue (Month): 3 (May)
Pages: 559-70
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Handle: RePEc:ecm:emetrp:v:57:y:1989:i:3:p:559-70

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  1. Alvin Roth, 2008. "Deferred acceptance algorithms: history, theory, practice, and open questions," International Journal of Game Theory, Springer, vol. 36(3), pages 537-569, March. [Downloadable!] (restricted)
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  2. Hideo Konishi & M. Ünver, 2006. "Games of Capacity Manipulation in Hospital-intern Markets," Social Choice and Welfare, Springer, vol. 27(1), pages 3-24, August. [Downloadable!] (restricted)
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  3. Timothy Besley & Maitreesh Ghatak, 2005. "Competition and Incentives with Motivated Agents," American Economic Review, American Economic Association, vol. 95(3), pages 616-636, June. [Downloadable!]
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  4. Greg Barron & Felix J. J. Vardy, 2004. "The Internal Job Market of the IMF's Economist Program," IMF Working Papers 04/190, International Monetary Fund. [Downloadable!]
  5. Bettina Klaus & Flip Klijn, 2004. "Median Stable Matching for College Admission," UFAE and IAE Working Papers 632.04, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC), revised 16 Feb 2006. [Downloadable!]
    Other versions:
  6. Tayfun Sönmez, 1994. "Strategy-proofness in many-to-one matching problems," Review of Economic Design, Springer, vol. 1(1), pages 365-380, December. [Downloadable!] (restricted)
  7. Amegashie, J.A. & Wu, X., 2004. "Self Selection in Competing All-Pay Auctions," Working Papers 2004-1, University of Guelph, Department of Economics. [Downloadable!]
  8. Klaus, Bettina & Klijn, Flip, 2008. "Smith and Rawls Share a Room: Stability and Medians," Research Memoranda 009, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization. [Downloadable!]
    Other versions:
  9. Alvin E. Roth & Elliott Peranson, 1999. "The Redesign of the Matching Market for American Physicians: Some Engineering Aspects of Economic Design," NBER Working Papers 6963, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
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