Choice and Matching
Christopher Chambers and
M. Bumin Yenmez
American Economic Journal: Microeconomics, 2017, vol. 9, issue 3, 126-47
Abstract:
We study path-independent choice rules applied to a matching context. We use a classic representation of these choice rules to introduce a powerful technique for matching theory. Using this technique, we provide a deferred acceptance algorithm for many-to-many matching markets with contracts and study its properties. Next, we obtain a compelling comparative static result: if one agent's choice expands, the remaining agents on her side of the market are made worse off, while agents on the other side of the market are made better off. Finally, we establish several results related to path-independent choice rules.
JEL-codes: C78 D11 D71 D86 (search for similar items in EconPapers)
Date: 2017
Note: DOI: 10.1257/mic.20150236
References: Add references at CitEc
Citations: View citations in EconPapers (43)
Downloads: (external link)
https://www.aeaweb.org/articles?id=10.1257/mic.20150236 (application/pdf)
https://www.aeaweb.org/articles/attachments?retrie ... ZSEKtxoKiG6NtSUotfJQ (application/zip)
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:aejmic:v:9:y:2017:i:3:p:126-47
Ordering information: This journal article can be ordered from
https://www.aeaweb.org/journals/subscriptions
Access Statistics for this article
American Economic Journal: Microeconomics is currently edited by Johannes Hörner
More articles in American Economic Journal: Microeconomics from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().