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Accommodating various policy goals in matching with constraints

Author

Listed:
  • Yuichiro Kamada

    (University of California, Berkeley)

  • Fuhito Kojima

    (Stanford University)

Abstract

Distributional constraints are common features in many real matching markets, such as medical residency matching, school admissions, and teacher assignment. We present a model of matching with constraints that accommodates a wide variety of policy goals and apply that model to the setting of Kamada and Kojima (Am Econ Rev 105(1):67–99, 2015). We also formalize a number of other policy goals to show that they are subsumed by our model. We prove several comparative statics results such as showing that a mechanism we propose is a Pareto improvement for doctors upon the constrained medical matching mechanism currently used in Japan.

Suggested Citation

  • Yuichiro Kamada & Fuhito Kojima, 2020. "Accommodating various policy goals in matching with constraints," The Japanese Economic Review, Springer, vol. 71(1), pages 101-133, January.
    • Handle: RePEc:spr:jecrev:v:71:y:2020:i:1:d:10.1007_s42973-019-00002-1
    DOI: 10.1007/s42973-019-00002-1
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    References listed on IDEAS

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    3. Koji Yokote, 2020. "On optimal taxes and subsidies: A discrete saddle-point theorem with application to job matching under constraints," The Journal of Mechanism and Institution Design, Society for the Promotion of Mechanism and Institution Design, University of York, vol. 5(1), pages 37-77, December.

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    More about this item

    Keywords

    Matching; Distributional constraints; Rawls; Stability; Strategy-proofness; Comparative statics;
    All these keywords.

    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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