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    Non-vetoed matching with status quo

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    1-s2.0-S0304406824000272-main.pdf (645.0Kb)
    Date
    2024
    Author
    Oguz, Afacan Mustafa
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    Abstract
    We consider a matching market where there is an initial matching a priori. Both sides of the market can veto the new matching whenever they would rather keep their initial assignment. We propose a stability notion, called "conditional stability". Our first mechanism-"Non-Vetoed Deferred Acceptance" (NDA)-is non-vetoed, conditionally stable, and strategy-proof. These three properties are incompatible with (two-sided) conditional constrained efficiency; hence NDA is not conditionally constrained efficient. However, no mechanism that is non-vetoed, conditionally stable, and strategy-proof improves on NDA. Lastly, we propose a non-vetoed, conditionally stable, and conditionally constrained efficient mechanism.
    DOI/handle
    http://dx.doi.org/10.1016/j.jmateco.2024.102965
    http://hdl.handle.net/10576/59246
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    • Finance & Economics [‎437‎ items ]

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