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Dynamic Kidney Exchange

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  • M. Utku Ünver

Abstract

We study how barter exchanges should be conducted through a centralized mechanism in a dynamically evolving agent pool with time- and compatibility-based preferences. We derive the dynamically efficient two-way and multi-way exchange mechanisms that maximize total discounted exchange surplus. Recently several live-donor kidney exchange programmes were established to swap incompatible donors of end-stage kidney disease patients. Since kidney exchange can be modelled as a special instance of our more general model, dynamically efficient kidney exchange mechanisms are derived as corollaries. We make policy recommendations using simulations. Copyright , Wiley-Blackwell.

Suggested Citation

  • M. Utku Ünver, 2010. "Dynamic Kidney Exchange," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 77(1), pages 372-414.
  • Handle: RePEc:oup:restud:v:77:y:2010:i:1:p:372-414
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    File URL: http://hdl.handle.net/10.1111/j.1467-937X.2009.00575.x
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    Cited by:

    1. Francis Bloch & David Cantala, 2013. "Markovian assignment rules," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 40(1), pages 1-25, January.
    2. Francis Bloch & David Cantala, 2014. "Dynamic Allocation of Objects to Queuing Agents: The Discrete Model," Documents de travail du Centre d'Economie de la Sorbonne 14066, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    3. Yılmaz, Özgür, 2014. "Kidney exchange: Further utilization of donors via listed exchange," Journal of Mathematical Economics, Elsevier, vol. 51(C), pages 178-186.
    4. Anna Bogomolnaia & Hervé Moulin & Fedor Sandomirskiy, 2022. "On the Fair Division of a Random Object," Management Science, INFORMS, vol. 68(2), pages 1174-1194, February.
    5. Fu, Hu & Kleinberg, Robert & Lavi, Ron & Smorodinsky, Rann, 2017. "Job security, stability and production efficiency," Theoretical Economics, Econometric Society, vol. 12(1), January.
    6. Monte, Daniel & Tumennasan, Norovsambuu, 2015. "Centralized allocation in multiple markets," Journal of Mathematical Economics, Elsevier, vol. 61(C), pages 74-85.
    7. , & , E., 2014. "Free riding and participation in large scale, multi-hospital kidney exchange," Theoretical Economics, Econometric Society, vol. 9(3), September.
    8. Committee, Nobel Prize, 2012. "Alvin E. Roth and Lloyd S. Shapley: Stable allocations and the practice of market design," Nobel Prize in Economics documents 2012-1, Nobel Prize Committee.
    9. Murat Kurt & Mark S. Roberts & Andrew J. Schaefer & M. Utku Ünver, 2011. "Valuing Prearranged Paired Kidney Exchanges: A Stochastic Game Approach," Boston College Working Papers in Economics 785, Boston College Department of Economics, revised 14 Oct 2011.
    10. Tayfun Sönmez, 2013. "Bidding for Army Career Specialties: Improving the ROTC Branching Mechanism," Journal of Political Economy, University of Chicago Press, vol. 121(1), pages 186-219.
    11. Pereyra, Juan Sebastián, 2013. "A dynamic school choice model," Games and Economic Behavior, Elsevier, vol. 80(C), pages 100-114.
    12. Morimitsu Kurino, 2014. "House Allocation with Overlapping Generations," American Economic Journal: Microeconomics, American Economic Association, vol. 6(1), pages 258-289, February.
    13. Itai Ashlagi & Alvin E. Roth, 2011. "Individual Rationality and Participation in Large Scale, Multi-Hospital Kidney Exchange," NBER Working Papers 16720, National Bureau of Economic Research, Inc.
    14. Tayfun Sönmez & Tobias B. Switzer, 2013. "Matching With (Branch‐of‐Choice) Contracts at the United States Military Academy," Econometrica, Econometric Society, vol. 81(2), pages 451-488, March.
    15. John Kennes & Daniel Monte & Norovsambuu Tumennasan, 2015. "Dynamic Matching Markets and the Deferred Acceptance Mechanism," Economics Working Papers 2015-23, Department of Economics and Business Economics, Aarhus University.
    16. Jorgen Kratz, "undated". "Conflicting Objectives in Kidney Exchange," Discussion Papers 23/04, Department of Economics, University of York.
    17. Itai Ashlagi & David Gamarnik & Michael A. Rees & Alvin E. Roth, 2012. "The Need for (long) Chains in Kidney Exchange," NBER Working Papers 18202, National Bureau of Economic Research, Inc.
    18. Constantino, Miguel & Klimentova, Xenia & Viana, Ana & Rais, Abdur, 2013. "New insights on integer-programming models for the kidney exchange problem," European Journal of Operational Research, Elsevier, vol. 231(1), pages 57-68.
    19. Cheng, Yao & Yang, Zaifu, 2021. "Efficient Kidney Exchange with Dichotomous Preferences," Journal of Health Economics, Elsevier, vol. 80(C).
    20. YIlmaz, Özgür, 2011. "Kidney exchange: An egalitarian mechanism," Journal of Economic Theory, Elsevier, vol. 146(2), pages 592-618, March.
    21. Nicoló, Antonio & Rodríguez-Álvarez, Carmelo, 2012. "Transplant quality and patientsʼ preferences in paired kidney exchange," Games and Economic Behavior, Elsevier, vol. 74(1), pages 299-310.

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