The law of aggregate demand and welfare in the two-sided matching market
In the college admission problem, we show that the student-optimal stable matching is weakly Pareto optimal for students if colleges' preferences satisfy substitutability and the law of aggregate demand. We also show that both of these properties are important for the result.
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- Atila Abdulkadiroğlu & Parag A. Pathak & Alvin E. Roth, 2005.
"The New York City High School Match,"
American Economic Review,
American Economic Association, vol. 95(2), pages 364-367, May.
- Pathak, Parag A. & Abdulkadiroglu, Atila & Roth, Alvin, 2005. "The New York City High School Match," Scholarly Articles 2562765, Harvard University Department of Economics.
- repec:pit:wpaper:257 is not listed on IDEAS
- Atila Abdulkadiroğlu, 2005. "College admissions with affirmative action," International Journal of Game Theory, Springer;Game Theory Society, vol. 33(4), pages 535-549, November.
- Atila Abdulkadiroglu & Tayfun Sönmez, 2003. "School Choice: A Mechanism Design Approach," American Economic Review, American Economic Association, vol. 93(3), pages 729-747, June.
- Atila Abdulkadiroğlu & Parag A. Pathak & Alvin E. Roth & Tayfun Sönmez, 2005. "The Boston Public School Match," American Economic Review, American Economic Association, vol. 95(2), pages 368-371, May.
- SÃ¶nmez, Tayfun & Pathak, Parag A. & Abdulkadiroglu, Atila & Roth, Alvin, 2005. "The Boston Public School Match," Scholarly Articles 2562764, Harvard University Department of Economics.
- Kelso, Alexander S, Jr & Crawford, Vincent P, 1982. "Job Matching, Coalition Formation, and Gross Substitutes," Econometrica, Econometric Society, vol. 50(6), pages 1483-1504, November.
- Ruth Martínez & Jordi Massó & Alejdanro Neme & Jorge Oviedo, 2004. "On group strategy-proof mechanisms for a many-to-one matching model," International Journal of Game Theory, Springer;Game Theory Society, vol. 33(1), pages 115-128, January.
- Ruth Mart?ez & Jordi MassóAuthor-Email: email@example.com & 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).
- Balinski, Michel & Sonmez, Tayfun, 1999. "A Tale of Two Mechanisms: Student Placement," Journal of Economic Theory, Elsevier, vol. 84(1), pages 73-94, January.
- Tayfun Sönmez & M. Utku Ünver, 2010. "Course Bidding At Business Schools," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 51(1), pages 99-123, 02.
- Tayfun Sonmez & M. Utku Unver, 2003. "Course Bidding at Business Schools," Game Theory and Information 0306001, EconWPA, revised 02 Jan 2004.
- Tayfun Sönmez & M. Utku Ünver, 2005. "Course Bidding at Business Schools," Boston College Working Papers in Economics 618, Boston College Department of Economics.
- John William Hatfield & Paul R. Milgrom, 2005. "Matching with Contracts," American Economic Review, American Economic Association, vol. 95(4), pages 913-935, September.
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