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Ordinal and cardinal solution concepts for two-sided matching

Federico Echenique and Alfred Galichon ()
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Alfred Galichon: ECON - Département d'économie (Sciences Po) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique

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Abstract: We characterize solutions for two-sided matching, both in the transferable - and in the nontransferable - utility frameworks, using a cardinal formulation. Our approach makes the comparison of the matching models with and without transfers particularly transparent. We introduce the concept of a no-trade matching to study the role of transfers in matching. A no-trade matching is one in which the availability of transfers do not affect the outcome.

Keywords: Matching; Stability; Efficiency (search for similar items in EconPapers)
Date: 2014-04-01
Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03460323
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Citations: View citations in EconPapers (1)

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