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  3. Two-Sided Matching
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    • Publisher:
      Cambridge University Press
      Publication date:
      January 2013
      September 1990
      ISBN:
      9781139052214
      9780521437882
      DOI:
      https://doi.org/10.1017/CCOL052139015X
      Dimensions:
      Weight & Pages:
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.375kg, 280 Pages
      • Subjects:
      Economics, Econometrics and Mathematical Methods, Statistics for Econometrics, Finance and Insurance, Statistics and Probability
      Series:
      Econometric Society Monographs (18)
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    Subjects:
    Economics, Econometrics and Mathematical Methods, Statistics for Econometrics, Finance and Insurance, Statistics and Probability
    Series:
    Econometric Society Monographs (18)
    Information

    Book description

    Two-sided matching provides a model of search processes such as those between firms and workers in labor markets or between buyers and sellers in auctions. This book gives a comprehensive account of recent results concerning the game-theoretic analysis of two-sided matching. The focus of the book is on the stability of outcomes, on the incentives that different rules of organization give to agents, and on the constraints that these incentives impose on the ways such markets can be organized. The results for this wide range of related models and matching situations help clarify which conclusions depend on particular modeling assumptions and market conditions, and which are robust over a wide range of conditions. 'This book chronicles one of the outstanding success stories of the theory of games, a story in which the authors have played a major role: the theory and practice of matching markets … The authors are to be warmly congratulated for this fine piece of work, which is quite unique in the game-theoretic literature.' From the Foreword by Robert Aumann

    Reviews

    "This book chronicles one of the outstanding success stories of the theory of games, a story in which the authors have played a major role: the theory and practice of matching markets....The authors are to be warmly congratulated for this fine piece of work, which is quite unique in the game-theoretic literature." From the Foreword by Robert Aumann

    "An expertly guided tour through an unfamiliar and beautiful region of equilibrium theory would be quite enough incentive for most economic theorists to buy and read this book. But perhaps the greatest treat offred is Roth's discovery of a happy coincidence between theory and practical affairs." Journal of Economic Literature

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