Simple Mechanisms to Implement the Core of College Admissions Problems
AbstractThis paper provides three simple mechanisms to implement allocations in the core of matching markets. We analyze some sequential mechanisms which mimic matching procedures for many-to-one real life matching markets. We show that only core allocations should be attained when agents act strategically faced with these mechanisms. Two mechanisms implement the core correspondence in SPE, whereas the third implements the students' optimal stable solution.
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Bibliographic InfoArticle provided by Elsevier in its journal Games and Economic Behavior.
Volume (Year): 31 (2000)
Issue (Month): 2 (May)
Contact details of provider:
Web page: http://www.elsevier.com/locate/inca/622836
Other versions of this item:
- José Alcalde Pérez & Antonio Romero-Medina, 1996. "Simple mechanisms to implement the core of college admissions problems," Working Papers. Serie AD 1996-13, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
- D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Roth, Alvin E., 1985. "The college admissions problem is not equivalent to the marriage problem," Journal of Economic Theory, Elsevier, vol. 36(2), pages 277-288, August.
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"Hiring procedures to implement stable allocations,"
Working Papers. Serie AD
1997-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
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Wiley Blackwell, vol. 59(4), pages 757-75, October.
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- Alcalde, Jose, 1996. "Implementation of Stable Solutions to Marriage Problems," Journal of Economic Theory, Elsevier, vol. 69(1), pages 240-254, April.
- Alcalde, Jose & Barbera, Salvador, 1994.
"Top Dominance and the Possibility of Strategy-Proof Stable Solutions to Matching Problems,"
Springer, vol. 4(3), pages 417-35, May.
- Alcalde, J. & Barberà, S., 1992. "Top Dominance and the Possibility of Strategy-Proof Stable Solutions to Matching Problems," UFAE and IAE Working Papers 196.92, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Antonio Romero-Medina, 1998. "Implementation of stable solutions in a restricted matching market," Review of Economic Design, Springer, vol. 3(2), pages 137-147.
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