The DOI matches its Crossref record; 34 of the 34 references it cites were found in a registry or an index.
Matching with Contracts
Abstract
We develop a model of matching with contracts which incorporates, as special cases, the college admissions problem, the Kelso-Crawford labor market matching model, and ascending package auctions. We introduce a new “law of aggregate demand” for the case of discrete heterogeneous workers and show that, when workers are substitutes, this law is satisfied by profit-maximizing firms. When workers are substitutes and the law is satisfied, truthful reporting is a dominant strategy for workers in a worker-offering auction/matching algorithm. We also parameterize a large class of preferences satisfying the two conditions.
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Citations
Cites
Filders, R. (1992) · International Journal of Forecasting · doi:10.1016/0169-2070(92)90130-2 · Cited by 16,165
(2019) · AEA Papers and Proceedings · doi:10.1257/pandp.109.612 · Cited by 10,902
College Admissions and the Stability of Marriage
Gale, D., & Shapley, L. S. (1962) · The American Mathematical Monthly · doi:10.1080/00029890.1962.11989827 · Cited by 5,985
Collective Choice and Social Welfare
Myint, H., & Sen, A. (1972) · Econometrica · doi:10.2307/1913866 · Cited by 2,565
Putting Auction Theory to Work
Milgrom, P. (2004) · Cambridge University Press eBooks · doi:10.1017/cbo9780511813825 · Cited by 1,642
Self-citationTwo Sided Matching: A Study in Game-Theoretic Modeling and Analysis.
Kamecke, U., Roth, A. E., & Sotomayor, M. A. O. (1992) · Economica · doi:10.2307/2554894 · Cited by 1,625
School Choice: A Mechanism Design Approach
Abdulkadiroğlu, A., & Sönmez, T. (2003) · American Economic Review · doi:10.1257/000282803322157061 · Cited by 1,568
Edelman, B., Ostrovsky, M., & Schwarz, M. (2007) · American Economic Review · doi:10.1257/aer.97.1.242 · Cited by 1,567
Job Matching, Coalition Formation, and Gross Substitutes
Kelso, A. S., & Crawford, V. P. (1982) · Econometrica · doi:10.2307/1913392 · Cited by 1,307
The Economics of Matching: Stability and Incentives
Roth, A. E. (1982) · Mathematics of Operations Research · doi:10.1287/moor.7.4.617 · Cited by 895
Cited by
A critical review of algorithms in HRM: Definition, theory, and practice
Cheng, M. M., & Hackett, R. D. (2021) · Human Resource Management Review · doi:10.1016/j.hrmr.2019.100698 · Cited by 283
Metadata
- Authors
- Hatfield, J. W., & Milgrom, P. R.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2005-08-01
- Volume
- 95
- Issue
- 4
- Pages
- 913-935
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W2096375861
- Cited by
- 788
- References
- 34
- FWCI
- 47.66
- Type
- journal article
- Language
- en
- Open access
- closed
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Data sources
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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