Can I read Matching and Prices on EtoBox?
Matching and Prices by bailid697 is a document available to read on EtoBox.
What is Matching and Prices about?
This paper examines matching markets characterized by indivisibilities and budget constraints, demonstrating that stable outcomes exist under net substitutability, a weaker condition than gross substitutability. Despite the nonexistence of market-clearing prices, flexible pricing facilitates coordination and leads to efficient stable outcomes. The authors highlight the limitations of traditional matching procedures in this context and propose that stability can guide the design of auctions and labor markets
- Author
- bailid697
- Language
- EN