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Non-revelation Mechanisms in Many-to-One Markets

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  • Matteo Triossi
  • Antonio Romero-Medina

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Abstract

This paper presents a sequential admission mechanism where students are allowed to send multiple applications to colleges and colleges sequentially decide the applicants to enroll. The irreversibility of agents decisions and the sequential structure of the enrollments make truthful behavior a dominant strategy for colleges. Due to these features, the mechanism implements the set of stable matchings in Subgame Perfect Nash equilibrium. We extend the analysis to a mechanism where colleges make proposals to potential students and students decide sequentially. We show that this mechanism implements the stable set as well.

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File URL: http://www.dii.uchile.cl/~cea/sitedev/cea/www/download.php?file=documentos_trabajo/ASOCFILE120100922115327.pdf
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Bibliographic Info

Paper provided by Centro de Economía Aplicada, Universidad de Chile in its series Documentos de Trabajo with number 273.

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Date of creation: 2010
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Handle: RePEc:edj:ceauch:273

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  1. Alejandra Mizala & Pilar Romaguera & Sebastian Gallegos, 2010. "Public-Private Wage Gap In Latin America (1999-2007): A Matching Approach," Documentos de Trabajo 268, Centro de Economía Aplicada, Universidad de Chile.
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Cited by:
  1. Antonio Romero-Medina & Matteo Triossi, 2011. "Games with capacity manipulation : incentives and Nash equilibria," Economics Working Papers we1125, Universidad Carlos III, Departamento de Economía.
  2. Alfredo Salgado-Torres, 2012. "A simple decentralized matching mechanism in markets with couples," Economics Bulletin, AccessEcon, vol. 32(3), pages 2044-2055.

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