Dynamics of Decentralized Matching Markets
Title | Dynamics of Decentralized Matching Markets PDF eBook |
Author | Florian Biermann |
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Pages | 284 |
Release | 2011 |
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Decentralized Matching Markets
Title | Decentralized Matching Markets PDF eBook |
Author | Joana Pais |
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Release | 2011 |
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Decentralized Matching Markets with Endogenous Salaries
Title | Decentralized Matching Markets with Endogenous Salaries PDF eBook |
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Release | 2006 |
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A Theory of Decentralized Matching Markets Without Transfers, with an Application to Surge Pricing
Title | A Theory of Decentralized Matching Markets Without Transfers, with an Application to Surge Pricing PDF eBook |
Author | Alfred Galichon |
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Pages | 38 |
Release | 2017 |
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Most of the literature on two-sided matching markets without transfers focuses on the case where a central planner (often an algorithm) clears the market, like in the case of school assignments, or medical residents. In contrast, we focus on decentralized matching markets without transfers, where prices are regulated and thus cannot clear the market, as in the case of taxis. In these markets, time waited in line often plays the role of a numéraire. We investigate the properties of equilibrium in these markets (existence, uniqueness, and welfare). We use this analysis to study the problem of surge pricing: given beliefs on random demand and supply, how should a market designer set prices to minimize expected market inefficiency?
On decentralized two-sided matching markets
Title | On decentralized two-sided matching markets PDF eBook |
Author | Maria Joana Dantas Vaz Pais |
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Pages | 88 |
Release | 2003 |
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The Evolution of Core Stability in Decentralized Matching Markets
Title | The Evolution of Core Stability in Decentralized Matching Markets PDF eBook |
Author | H. Peyton Young |
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Release | 2012 |
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Incentives in Decentralized Random Matching Markets
Title | Incentives in Decentralized Random Matching Markets PDF eBook |
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Release | 2006 |
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