Organizing time banks: Lessons from matching markets

Tommy Andersson, Ágnes Cseh, Lars Ehlers and Albin Erlanson ()

Cahiers de recherche from Universite de Montreal, Departement de sciences economiques

Abstract: A time bank is a group of people that set up a common platform to trade services among themselves. There are several well-known problems associated with this type of time banking, e.g., high overhead costs and difficulties to identify feasible trades. This paper constructs a non-manipulable mechanism that selects an individually rational and time-balanced allocation which maximizes exchanges among the members of the time bank (and those allocations are efficient). The mechanism works on a domain of preferences where agents classify services as unacceptable and acceptable (and for those services agents have specific upper quotas representing their maximum needs).

Keywords: Market design; time banking; priority mechanism; non-manipulability (search for similar items in EconPapers)
JEL-codes: D47 D82 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2018
New Economics Papers: this item is included in nep-des, nep-gth and nep-pay
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://hdl.handle.net/1866/20920 (application/pdf)

Related works:
Working Paper: Organizing Time Banks: Lessons from Matching Markets (2019)
Working Paper: Organizing Time Banks: Lessons from Matching Markets (2018)
Working Paper: Organizing Time Banks: Lessons from Matching Markets (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:mtl:montde:2018-08

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