Economics at your fingertips  

Designing matching mechanisms under constraints: An approach from discrete convex analysis

Fuhito Kojima, Akihisa Tamura and Makoto Yokoo

Journal of Economic Theory, 2018, vol. 176, issue C, 803-833

Abstract: We consider two-sided matching problems where agents on one side of the market (hospitals) are required to satisfy certain distributional constraints. We show that when the preferences and constraints of the hospitals can be represented by an M♮-concave function, (i) the generalized Deferred Acceptance (DA) mechanism is strategyproof for doctors, (ii) it produces the doctor-optimal stable matching, and (iii) its time complexity is proportional to the square of the number of possible contracts. Furthermore, we provide sufficient conditions under which the generalized DA mechanism satisfies these desirable properties. These conditions are applicable to various existing works and enable new applications as well, thereby providing a recipe for developing desirable mechanisms in practice.

Keywords: Two-sided matching; Market design; Matching with contracts; Matching with constraints; Discrete convex analysis; Deferred acceptance (search for similar items in EconPapers)
JEL-codes: C78 D47 D61 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

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:

Access Statistics for this article

Journal of Economic Theory is currently edited by A. Lizzeri and K. Shell

More articles in Journal of Economic Theory from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-03-30
Handle: RePEc:eee:jetheo:v:176:y:2018:i:c:p:803-833