Incentives and Stability in Large Two-Sided Matching Markets

S-Tier
Journal: American Economic Review
Year: 2009
Volume: 99
Issue: 3
Pages: 608-27

Authors (2)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

A number of labor markets and student placement systems can be modeled as many-to-one matching markets. We analyze the scope for manipulation in many-to-one matching markets under the student-optimal stable mechanism when the number of participants is large. Under some regularity conditions, we show that the fraction of participants with incentives to misrepresent their preferences when others are truthful approaches zero as the market becomes large. With an additional condition, truthful reporting by every participant is an approximate equilibrium under the student-optimal stable mechanism in large markets. (JEL C78)

Technical Details

RePEc Handle
repec:aea:aecrev:v:99:y:2009:i:3:p:608-27
Journal Field
General
Author Count
2
Added to Database
2026-01-28