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Two-Sided Matching  :  A Study in Game-Theoretic Modeling and Analysis - A E Roth

Two-Sided Matching

A Study in Game-Theoretic Modeling and Analysis

By: A E Roth, Marilda A. Oliveira Sotomayor, Peter Hammond (Contribution by), Alberto Holly (Contribution by), Andrew Chesher (Contribution by)

Paperback Published: 2nd November 1992
ISBN: 9780521437882
Number Of Pages: 280

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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

Industry 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

Foreword Robert Auman
Acknowledgment
Introduction
One-To-One Matching: the Marriage Model
Stable matchings
The structure of the set of stable matchings
Strategic questions
Many-To-One Matching: Models in which Firms May Employ Many Workers
The college admissions model and the labor market for medical interns
Discrete models with money, and more complex preferences
Models of One-To-One Matching with Money as a Continuous Variable
A simple model of one seller and many buyers
The assignment game
The generalization of the assignment model
Epilogue
Open questions and research directions
Bibliography
Indexes
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521437882
ISBN-10: 0521437881
Series: Econometric Society Monographs
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 280
Published: 2nd November 1992
Publisher: CAMBRIDGE UNIV PR
Country of Publication: GB
Dimensions (cm): 22.61 x 14.99  x 1.27
Weight (kg): 0.41

Earn 126 Qantas Points
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