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Imperfect competition in two-sided matching markets

  • Azevedo, Eduardo M.

This paper considers a simple equilibrium model of an imperfectly competitive two-sided matching market. Firms and workers may have heterogeneous preferences over matches on the other side, and the model allows for both uniform and personalized wages or contracts. To make the model tractable, I use the Azevedo and Leshno (2013) framework, in which a finite number of firms is matched to a continuum of workers.

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File URL: http://www.sciencedirect.com/science/article/pii/S0899825613001620
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Article provided by Elsevier in its journal Games and Economic Behavior.

Volume (Year): 83 (2014)
Issue (Month): C ()
Pages: 207-223

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Handle: RePEc:eee:gamebe:v:83:y:2014:i:c:p:207-223
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/622836

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  1. Jeremy Bulow & Jonathan Levin, 2005. "Matching and Price Competition," NBER Working Papers 11506, National Bureau of Economic Research, Inc.
  2. Elliott Peranson & Alvin E. Roth, 1999. "The Redesign of the Matching Market for American Physicians: Some Engineering Aspects of Economic Design," American Economic Review, American Economic Association, vol. 89(4), pages 748-780, September.
  3. Mailath, George J. & Samuelson, Larry & Postlewaite, Andrew, 2013. "Pricing and investments in matching markets," Theoretical Economics, Econometric Society, vol. 8(2), May.
  4. Atila Abdulkadiroglu & Parag A. Pathak & Alvin E. Roth, 2009. "Strategy-Proofness versus Efficiency in Matching with Indifferences: Redesigning the NYC High School Match," American Economic Review, American Economic Association, vol. 99(5), pages 1954-78, December.
  5. Balinski, Michel & Sonmez, Tayfun, 1999. "A Tale of Two Mechanisms: Student Placement," Journal of Economic Theory, Elsevier, vol. 84(1), pages 73-94, January.
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  7. Ehlers, Lars, 2010. "Manipulation via capacities revisited," Games and Economic Behavior, Elsevier, vol. 69(2), pages 302-311, July.
  8. Paul Milgrom, 2003. "Matching with Contracts," Working Papers 03003, Stanford University, Department of Economics.
  9. Fuhito Kojima, 2006. "Mixed Strategies in Games of Capacity Manipulation in Hospital–Intern Markets," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 27(1), pages 25-28, August.
  10. Becker, Gary S, 1973. "A Theory of Marriage: Part I," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 813-46, July-Aug..
  11. Xavier Gabaix & Augustin Landier, 2006. "Why Has CEO Pay Increased So Much?," NBER Working Papers 12365, National Bureau of Economic Research, Inc.
  12. Morten Sørensen, 2007. "How Smart Is Smart Money? A Two-Sided Matching Model of Venture Capital," Journal of Finance, American Finance Association, vol. 62(6), pages 2725-2762, December.
  13. Sonmez, Tayfun, 1997. "Manipulation via Capacities in Two-Sided Matching Markets," Journal of Economic Theory, Elsevier, vol. 77(1), pages 197-204, November.
  14. Mumcu, Ayse & Saglam, Ismail, 2008. "Games of capacity allocation in many-to-one matching with an aftermarket," MPRA Paper 9239, University Library of Munich, Germany.
  15. Roth, Alvin E., 1985. "The college admissions problem is not equivalent to the marriage problem," Journal of Economic Theory, Elsevier, vol. 36(2), pages 277-288, August.
  16. Hideo Konishi & M. Ünver, 2006. "Games of Capacity Manipulation in Hospital-intern Markets," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 27(1), pages 3-24, August.
  17. 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.
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