کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5072420 1373504 2010 29 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Unravelling in two-sided matching markets and similarity of preferences
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Unravelling in two-sided matching markets and similarity of preferences
چکیده انگلیسی
This paper investigates the causes and welfare consequences of unravelling in two-sided matching markets. It shows that similarity of preferences is an important factor driving unravelling. In particular, it shows that under the ex-post stable mechanism (the mechanism that the literature focuses on), unravelling is more likely to occur when participants have more similar preferences. It also shows that any Pareto-optimal mechanism must prevent unravelling, and that the ex-post stable mechanism is Pareto-optimal if and only if it prevents unravelling.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Games and Economic Behavior - Volume 69, Issue 2, July 2010, Pages 365-393
نویسندگان
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