EconPapers    
Economics at your fingertips  
 

Efficient Matching under Distributional Constraints: Theory and Applications

Yuichiro Kamada and Fuhito Kojima

American Economic Review, 2015, vol. 105, issue 1, 67-99

Abstract: Many real matching markets are subject to distributional constraints. These constraints often take the form of restrictions on the numbers of agents on one side of the market matched to certain subsets on the other side. Real-life examples include restrictions on regions in medical matching, academic master's programs in graduate admission, and state-financed seats for college admission. Motivated by these markets, we study design of matching mechanisms under distributional constraints. We show that existing matching mechanisms suffer from inefficiency and instability, and propose a mechanism that is better in terms of efficiency, stability, and incentives while respecting the distributional constraints. (JEL C70, D61, D63)

JEL-codes: C70 D61 D63 (search for similar items in EconPapers)
Date: 2015
Note: DOI: 10.1257/aer.20101552
References: Add references at CitEc
Citations View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
http://www.aeaweb.org/articles.php?doi=10.1257/aer.20101552 (application/pdf)
https://www.aeaweb.org/aer/ds/10501/20101552_ds.zip (application/zip)
https://www.aeaweb.org/aer/app/10501/20101552_app.pdf (application/pdf)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
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: https://EconPapers.repec.org/RePEc:aea:aecrev:v:105:y:2015:i:1:p:67-99

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/journals/subscriptions

Access Statistics for this article

American Economic Review is currently edited by Esther Duflo

More articles in American Economic Review from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().

 
Page updated 2018-05-03
Handle: RePEc:aea:aecrev:v:105:y:2015:i:1:p:67-99