IDEAS home Printed from https://ideas.repec.org/p/hal/wpaper/hal-03843964.html
   My bibliography  Save this paper

Unpaired Kidney Exchange: Overcoming Double Coincidence Of Wants Without Money

Author

Listed:
  • Mohammad Akbarpour
  • Julien Combe
  • Yinghua He
  • Victor Hiller

    (Université Paris-Panthéon-Assas, LEMMA - Laboratoire d'économie mathématique et de microéconomie appliquée - Université Paris-Panthéon-Assas)

  • Robert Shimer
  • Olivier Tercieux

Abstract

For an incompatible patient-donor pair, kidney exchanges often forbid receipt-before-donation (the patient receives a kidney before the donor donates) and donation-before-receipt, causing a double-coincidence-of-wants problem. Our proposed algorithm, the Unpaired kidney exchange algorithm, uses "memory" as a medium of exchange to eliminate these timing constraints. In a dynamic matching model, we prove that Unpaired delivers a waiting time of patients close to optimal and substantially shorter than currently utilized state-of-the-art algorithms. Using a rich administrative dataset from France, we show that Unpaired achieves a match rate of 57 percent and an average waiting time of 440 days. The (infeasible) optimal algorithm is only slightly better (58 percent and 425 days); state-of-the-art algorithms deliver less than 34 percent and more than 695 days. We draw similar conclusions from the simulations of two large U.S. platforms. Lastly, we propose a range of solutions that can address the potential practical concerns of Unpaired.

Suggested Citation

  • Mohammad Akbarpour & Julien Combe & Yinghua He & Victor Hiller & Robert Shimer & Olivier Tercieux, 2022. "Unpaired Kidney Exchange: Overcoming Double Coincidence Of Wants Without Money," Working Papers hal-03843964, HAL.
  • Handle: RePEc:hal:wpaper:hal-03843964
    Note: View the original document on HAL open archive server: https://hal.science/hal-03843964v1
    as

    Download full text from publisher

    File URL: https://hal.science/hal-03843964v1/document
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Gary S. Becker & Julio Jorge Elías, 2007. "Introducing Incentives in the Market for Live and Cadaveric Organ Donations," Journal of Economic Perspectives, American Economic Association, vol. 21(3), pages 3-24, Summer.
    2. Roth, Alvin E. & Sonmez, Tayfun & Unver, Utku & Delmonico, Francis & Saidman, Susan L., 2014. "Utilizing List Exchange and Non-directed Donation through “Chain” Paired Kidney Donations," MPRA Paper 58246, University Library of Munich, Germany.
    3. Yeon-Koo Che & Olivier Tercieux, 2019. "Efficiency and Stability in Large Matching Markets," Journal of Political Economy, University of Chicago Press, vol. 127(5), pages 2301-2342.
    4. Itai Ashlagi & Afshin Nikzad & Philipp Strack, 2018. "Matching in Dynamic Imbalanced Markets," Papers 1809.06824, arXiv.org, revised Jun 2019.
    5. Itai Ashlagi & David Gamarnik & Michael A. Rees & Alvin E. Roth, 2012. "The Need for (long) Chains in Kidney Exchange," NBER Working Papers 18202, National Bureau of Economic Research, Inc.
    6. Alvin E. Roth & Tayfun Sönmez & M. Utku Ünver, 2004. "Kidney Exchange," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 119(2), pages 457-488.
    7. Alvin E. Roth, 2007. "Repugnance as a Constraint on Markets," Journal of Economic Perspectives, American Economic Association, vol. 21(3), pages 37-58, Summer.
    8. Andersson, Tommy & Kratz, Jörgen, 2016. "Kidney Exchange over the Blood Group Barrier," Working Papers 2016:11, Lund University, Department of Economics, revised 29 Nov 2017.
    9. Ross Anderson & Itai Ashlagi & David Gamarnik & Yash Kanoria, 2017. "Efficient Dynamic Barter Exchange," Operations Research, INFORMS, vol. 65(6), pages 1446-1459, December.
    10. Tayfun Sönmez & M. Utku Ünver & M. Bumin Yenmez, 2020. "Incentivized Kidney Exchange," American Economic Review, American Economic Association, vol. 110(7), pages 2198-2224, July.
    11. Itai Ashlagi & Maximilien Burq & Patrick Jaillet & Vahideh Manshadi, 2019. "On Matching and Thickness in Heterogeneous Dynamic Markets," Operations Research, INFORMS, vol. 67(4), pages 927-949, July.
    12. Tayfun Sönmez & Alvin E. Roth & M. Utku Ünver, 2007. "Efficient Kidney Exchange: Coincidence of Wants in Markets with Compatibility-Based Preferences," American Economic Review, American Economic Association, vol. 97(3), pages 828-851, June.
    13. Kocherlakota, Narayana R., 1998. "Money Is Memory," Journal of Economic Theory, Elsevier, vol. 81(2), pages 232-251, August.
    14. Nikhil Agarwal & Itai Ashlagi & Eduardo Azevedo & Clayton Featherstone & Ömer Karaduman, 2018. "What Matters for the Productivity of Kidney Exchange?," AEA Papers and Proceedings, American Economic Association, vol. 108, pages 334-340, May.
    15. Tommy Andersson & Jörgen Kratz, 2020. "Pairwise Kidney Exchange over the Blood Group Barrier," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(3), pages 1091-1133.
    16. Lawrence M. Ausubel & Thayer Morrill, 2014. "Sequential Kidney Exchange," American Economic Journal: Microeconomics, American Economic Association, vol. 6(3), pages 265-285, August.
    17. Hatfield, John William & Kojima, Fuhito & Narita, Yusuke, 2016. "Improving schools through school choice: A market design approach," Journal of Economic Theory, Elsevier, vol. 166(C), pages 186-211.
    18. Eun Jeong Heo & Sunghoon Hong & Youngsub Chun, 2021. "Kidney exchange with immunosuppressants," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(1), pages 1-19, July.
    19. Kiyotaki, Nobuhiro & Wright, Randall, 1993. "A Search-Theoretic Approach to Monetary Economics," American Economic Review, American Economic Association, vol. 83(1), pages 63-77, March.
    20. Eduardo M. Azevedo & Jacob D. Leshno, 2016. "A Supply and Demand Framework for Two-Sided Matching Markets," Journal of Political Economy, University of Chicago Press, vol. 124(5), pages 1235-1268.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Scott Duke Kominers & Parag A. Pathak & Tayfun Sönmez & M. Utku Ünver, 2020. "Paying It Backward and Forward: Expanding Access to Convalescent Plasma Therapy Through Market Design," Boston College Working Papers in Economics 1007, Boston College Department of Economics.
    2. Eric Budish & Robin S. Lee & John J. Shim, 2024. "A Theory of Stock Exchange Competition and Innovation: Will the Market Fix the Market?," Journal of Political Economy, University of Chicago Press, vol. 132(4), pages 1209-1246.
    3. Walter Castro & Julio Elias, 2022. "Injecting Adam Smith’s Ideas in the Market for Kidney Transplants," CEMA Working Papers: Serie Documentos de Trabajo. 828, Universidad del CEMA.
    4. Naonori Kakimura & Donghao Zhu, 2021. "Dynamic Bipartite Matching Market with Arrivals and Departures," Papers 2110.10824, arXiv.org.
    5. Mohammad Akbarpour & Yeganeh Alimohammadi & Shengwu Li & Amin Saberi, 2021. "The Value of Excess Supply in Spatial Matching Markets," Papers 2104.03219, arXiv.org.
    6. Yeon-Koo Che & Olivier Tercieux, 2023. "Optimal Queue Design," Papers 2307.07746, arXiv.org.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tayfun Sönmez & M Utku Ünver, 2017. "Market design for living-donor organ exchanges: an economic policy perspective," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 33(4), pages 676-704.
    2. Sönmez, Tayfun & Ünver, M. Utku & Yılmaz, Özgür, 2018. "How (not) to integrate blood subtyping technology to kidney exchange," Journal of Economic Theory, Elsevier, vol. 176(C), pages 193-231.
    3. Kim, Jaehong & Li, Mengling & Xu, Menghan, 2021. "Organ donation with vouchers," Journal of Economic Theory, Elsevier, vol. 191(C).
    4. Li, Mengling & Riyanto, Yohanes E. & Xu, Menghan, 2023. "Prioritized organ allocation rules under compatibility constraints," Games and Economic Behavior, Elsevier, vol. 141(C), pages 403-427.
    5. Jorgen Kratz, 2019. "Triage in Kidney Exchange," Discussion Papers 19/04, Department of Economics, University of York.
    6. Alvin E. Roth, 2009. "What Have We Learned from Market Design?," Innovation Policy and the Economy, University of Chicago Press, vol. 9(1), pages 79-112.
    7. Kratz, Jörgen, 2024. "Conflicting objectives in kidney exchange," Journal of Economic Theory, Elsevier, vol. 217(C).
    8. Scott Duke Kominers & Parag A. Pathak & Tayfun Sönmez & M. Utku Ünver, 2020. "Paying It Backward and Forward: Expanding Access to Convalescent Plasma Therapy Through Market Design," NBER Working Papers 27143, National Bureau of Economic Research, Inc.
    9. Heo, Eun Jeong & Hong, Sunghoon & Chun, Youngsub, 2022. "Efficient use of immunosuppressants for kidney transplants," Journal of Health Economics, Elsevier, vol. 85(C).
    10. Scott Duke Kominers & Alexander Teytelboym & Vincent P Crawford, 2017. "An invitation to market design," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 33(4), pages 541-571.
    11. Haluk Ergin & Tayfun Sönmez & M. Utku Ünver, 2020. "Efficient and Incentive‐Compatible Liver Exchange," Econometrica, Econometric Society, vol. 88(3), pages 965-1005, May.
    12. Slonim, Robert & Wang, Carmen, 2016. "Market Design for Altruistic Supply: Evidence from the Lab," IZA Discussion Papers 9650, Institute of Labor Economics (IZA).
    13. Nicolò, Antonio & Rodríguez-Álvarez, Carmelo, 2017. "Age-based preferences in paired kidney exchange," Games and Economic Behavior, Elsevier, vol. 102(C), pages 508-524.
    14. Eun Jeong Heo & Sunghoon Hong & Youngsub Chun, 2021. "Kidney exchange with immunosuppressants," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(1), pages 1-19, July.
    15. Committee, Nobel Prize, 2012. "Alvin E. Roth and Lloyd S. Shapley: Stable allocations and the practice of market design," Nobel Prize in Economics documents 2012-1, Nobel Prize Committee.
    16. Itai Ashlagi & Alvin E. Roth, 2021. "Kidney Exchange: An Operations Perspective," Management Science, INFORMS, vol. 67(9), pages 5455-5478, September.
    17. Balbuzanov, Ivan, 2020. "Short trading cycles: Paired kidney exchange with strict ordinal preferences," Mathematical Social Sciences, Elsevier, vol. 104(C), pages 78-87.
    18. Eun Jeong Heo & Sunghoon Hong & Youngsub Chun, 2022. "The top‐trading cycles and chains solution for kidney exchange with immunosuppressants," International Journal of Economic Theory, The International Society for Economic Theory, vol. 18(1), pages 77-91, March.
    19. Itai Feigenbaum & Yash Kanoria & Irene Lo & Jay Sethuraman, 2020. "Dynamic Matching in School Choice: Efficient Seat Reassignment After Late Cancellations," Management Science, INFORMS, vol. 66(11), pages 5341-5361, November.
    20. Kessler, Judd B. & Roth, Alvin E., 2014. "Loopholes undermine donation: An experiment motivated by an organ donation priority loophole in Israel," Journal of Public Economics, Elsevier, vol. 114(C), pages 19-28.

    More about this item

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design
    • E49 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:wpaper:hal-03843964. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.