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Implementation of stable solutions in a restricted matching market

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Author Info
Antonio Romero-Medina () (Departament of Economics, University of California, Riverside, CA 92521, USA)

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Abstract

I analyze the admission mechanism used in Spanish universities. The system is open to strategic manipulation. This is because students are not allowed to express the whole list of available options. However, the mechanism implements the set of stable matchings in Nash equilibrium and the student's optimum in strong equilibrium. The mechanism also implements the students' optimum, in Nash equilibrium, under the class of "non-reverse" preferences. All these properties come from the fact that colleges do not have the opportunity to misrepresent their preferences.

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Publisher Info
Article provided by Springer in its journal Review of Economic Design.

Volume (Year): 3 (1998)
Issue (Month): 2 ()
Pages: 137-147
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Handle: RePEc:spr:reecde:v:3:y:1998:i:2:p:137-147

Note: Received: 30 June 1995 / Accepted: 31 January 1997
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Find related papers by JEL classification:
C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
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-Making and Implementation
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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  1. Ruth Mart?ez & Jordi MassóAuthor-Email: jordi.masso@uab.es & Alejandro Neme & Jorge Oviedo, 2003. "On group strategy-proof mechanisms for a many-to-one matching model," UFAE and IAE Working Papers 577.03, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC). [Downloadable!]
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  2. José Alcalde & Antonio Romero Medina, 1999. "- Sequential Decisions In The College Admissions Problem," Working Papers. Serie AD 1999-16, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
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  3. Marilda Sotomayor, 2008. "The stability of the equilibrium outcomes in the admission games induced by stable matching rules," International Journal of Game Theory, Springer, vol. 36(3), pages 621-640, March. [Downloadable!] (restricted)
  4. Ricardo Mora & Antonio Romero-Medina, 2001. "Understanding Preference Formation In A Matching Market," Economics Working Papers we015919, Universidad Carlos III, Departamento de Economía. [Downloadable!]
  5. Guillaume Haeringer & Flip Klijn, 2006. "Constrained School Choice," UFAE and IAE Working Papers 671.06, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC), revised 02 Dec 2008. [Downloadable!]
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