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Implementation of the Core in College Admissions Problems When Colleagues Matter

Author

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  • Kucuksenel Serkan

    (Middle East Technical University, kuserkan@metu.edu.tr)

Abstract

This paper presents mechanisms implementing the core correspondence of many-to-one matching markets, such as college admissions problems, where the students have preferences over the other students who would attend the same college. We first present a sequential mechanism implementing the core. We then show that simple two-stage mechanisms, which mimics the real-life processes, cannot be used to implement the core correspondence in subgame perfect Nash equilibrium even with strong assumptions on agents’ preferences.

Suggested Citation

  • Kucuksenel Serkan, 2011. "Implementation of the Core in College Admissions Problems When Colleagues Matter," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 11(1), pages 1-14, September.
    • Handle: RePEc:bpj:bejtec:v:11:y:2011:i:1:n:19
    DOI: 10.2202/1935-1704.1772
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    References listed on IDEAS

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    Cited by:

    1. Ayse Mumcu & Ismail Saglam, 2019. "Strategic Issues in One-to-One Matching with Externalities Abstract:," Working Papers 2019/03, Bogazici University, Department of Economics.
    2. AyÅŸe Mumcu & Ismail Saglam, 2021. "Strategic Issues in One-to-One Matching with Externalities," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 23(02), pages 1-12, June.

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