Non-revelation Mechanisms in Many-to-One Markets
In this study we present a simple mechanism in a many-to-one matching market where multiple costless applications are allowed. The mechanism is based on the principles of eligibility and priority and it implements the set of stable matchings in Subgame Perfect Nash Equilibrium. We extend the analysis to a symmetric mechanism where colleges and students interchange their roles. This mechanism also implements the set of stable matchings.
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- Alcalde, Jose & Romero-Medina, Antonio, 2000.
"Simple Mechanisms to Implement the Core of College Admissions Problems,"
Games and Economic Behavior,
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40, Barcelona Graduate School of Economics.
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- Marilda Sotomayor, 2003. "Reaching the core of the marriage market through a non-revelation matching mechanism," International Journal of Game Theory, Springer, vol. 32(2), pages 241-251, December.
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- José Alcalde & Antonio Romero Medina, 1999. "- Sequential Decisions In The College Admissions Problem," Working Papers. Serie AD 1999-16, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- Triossi, Matteo, 2009. "Hiring mechanisms, application costs and stability," Games and Economic Behavior, Elsevier, vol. 66(1), pages 566-575, May.
- Alejandra Mizala & Pilar Romaguera & Sebastian Gallegos, 2010. "Public-Private Wage Gap In Latin America (1999-2007): A Matching Approach," Documentos de Trabajo 268, Centro de Economía Aplicada, Universidad de Chile.
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