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A Theoretical Foundation for Bilateral Matching Mechanisms

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Author Info
Aliprantis, C.D.
Camera, G.
Puzzello, D.

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Abstract

This work introduces a rigorous set-theoretic foundation of bilateral matching mechanisms and studies their properties in a systematic manner. By providing a unified framework to study bilateral matching mechanisms, we formalize how different spatial/informational constraints can be implemented via a careful selection of matching mechanisms. In particular, this paper explains why and how various matching mechanisms generate different degrees of information isolation in the economy.

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File URL: http://www.krannert.purdue.edu/programs/phd/Working-paper-series/Year-2003/G.%20Camera%2012-31-2003.pdf
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Publisher Info
Paper provided by Purdue University, Department of Economics in its series Purdue University Economics Working Papers with number 1165.

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Length: 21 pages
Date of creation: 2003
Date of revision:
Handle: RePEc:pur:prukra:1165

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Related research
Keywords: Bilateral matching ; Frictions ; Anonymous trading ; Spatial interactions;

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Find related papers by JEL classification:
C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
E00 - Macroeconomics and Monetary Economics - - General - - - General

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  1. Aliprantis, C. D. & Camera, G. & Puzzelo, D., 2004. "A Random Matching Theory," Purdue University Economics Working Papers 1168, Purdue University, Department of Economics. [Downloadable!]
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This page was last updated on 2009-11-28.

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