Contracts versus salaries in matching: A general result

A-Tier
Journal: Journal of Economic Theory
Year: 2015
Volume: 159
Issue: PA
Pages: 552-573

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

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

Abstract

It is shown that a matching market with contracts can be embedded into a matching market with salaries under weaker conditions than substitutability of contracts. In particular, the result applies to the recently studied problem of cadet-to-branch matching. As an application of the embedding result, a new class of mechanisms for matching markets with contracts is defined that generalize the firm-proposing deferred acceptance algorithm to the case where contracts are unilateral substitutes for firms.

Technical Details

RePEc Handle
repec:eee:jetheo:v:159:y:2015:i:pa:p:552-573
Journal Field
Theory
Author Count
1
Added to Database
2026-01-29