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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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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. Jonathan Levin & Jeremy Bulow, 2004. "Matching and Price Competition," Econometric Society 2004 North American Winter Meetings 350, Econometric Society.
  2. Fuhito Kojima, 2006. "Mixed Strategies in Games of Capacity Manipulation in Hospital–Intern Markets," Social Choice and Welfare, Springer, vol. 27(1), pages 25-28, August.
  3. Ayse Mumcu & Ismail Saglam, 2008. "Games of Capacity Allocation in Many-to-One Matching with an Aftermarket," Working Papers 0802, TOBB University of Economics and Technology, Department of Economics.
  4. John William Hatfield & Paul R. Milgrom, 2005. "Matching with Contracts," American Economic Review, American Economic Association, vol. 95(4), pages 913-935, September.
  5. Mailath, George J. & Samuelson, Larry & Postlewaite, Andrew, 2013. "Pricing and investments in matching markets," Theoretical Economics, Econometric Society, vol. 8(2), May.
  6. Xavier Gabaix & Augustin Landier, 2006. "Why Has CEO Pay Increased So Much?," 2006 Meeting Papers 518, Society for Economic Dynamics.
  7. Ehlers, Lars, 2010. "Manipulation via capacities revisited," Games and Economic Behavior, Elsevier, vol. 69(2), pages 302-311, July.
  8. Hideo Konishi & M. Ünver, 2006. "Games of Capacity Manipulation in Hospital-intern Markets," Social Choice and Welfare, Springer, vol. 27(1), pages 3-24, August.
  9. Roberts, John & Sonnenschein, Hugo, 1976. "On the existence of Cournot equilbrium without concave profit functions," Journal of Economic Theory, Elsevier, vol. 13(1), pages 112-117, August.
  10. Alvin E. Roth & Elliott Peranson, 1999. "The Redesign of the Matching Market for American Physicians: Some Engineering Aspects of Economic Design," NBER Working Papers 6963, National Bureau of Economic Research, Inc.
  11. Sonmez, Tayfun, 1997. "Manipulation via Capacities in Two-Sided Matching Markets," Journal of Economic Theory, Elsevier, vol. 77(1), pages 197-204, November.
  12. 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.
  13. Abdulkadiroglu, Atila & Pathak, Parag Abishek & Roth, Alvin E., 2009. "Strategy-Proofness Versus Efficiency in Matching with Indifferences: Redesigning the NYC High School Match," Scholarly Articles 11077572, Harvard University Department of Economics.
  14. 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..
  15. Balinski, Michel & Sonmez, Tayfun, 1999. "A Tale of Two Mechanisms: Student Placement," Journal of Economic Theory, Elsevier, vol. 84(1), pages 73-94, January.
  16. 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.
  17. 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.
  18. 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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