Matching with Contracts

Paul Milgrom ()

Working Papers from Stanford University, Department of Economics

Abstract: March 2003

We introduce a two-sided matching model with contracts that subsumes and extends the Gale-Shapley matching model, the Kelso-Crawford labor market model and the Ausubel-Milgrom package auction model. We identify the maximal set of preferences over contracts for which a stable match exists and the narrower set of preferences for which an analog of Roth’s “rural hospitals” result holds. Using the extended model, we characterize the dynamics of re-matching following a retirement and explore doctors’ incentives to report truthfully.

Working Papers Index

Date: 2003-03
View list of references View citations in EconPapers

Downloads: (external link)
http://www-econ.stanford.edu/faculty/workp/swp03003.pdf (application/pdf)

Related works:
Journal Article: Matching with Contracts (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:wop:stanec:03003

Access Statistics for this paper

More papers in Working Papers from Stanford University, Department of Economics
Contact information at EDIRC.
Series data maintained by Thomas Krichel ().