Decentralized Matching with Transfers: Experimental and Noncooperative Analyses

B-Tier
Journal: American Economic Journal: Microeconomics
Year: 2024
Volume: 16
Issue: 4
Pages: 406-39

Authors (4)

Simin He (not in RePEc) Jiabin Wu (not in RePEc) Hanzhe Zhang (Michigan State University) Xun Zhu (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

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

Abstract

We experimentally examine the Becker-Shapley-Shubik two-sided matching model. In the experiment, the aggregate outcomes of matching and surplus are affected by whether equal split is in the core and whether efficient matching is assortative; the canonical cooperative theory predicts no effect. In markets with an equal number of participants on both sides, individual payoffs cannot be explained by existing refinements of the core, but are consistent with our noncooperative model's predictions. In markets with unequal numbers of participants, noncompetitive outcomes, are not captured by the canonical cooperative model, but are included in the set of predictions in our noncooperative model.

Technical Details

RePEc Handle
repec:aea:aejmic:v:16:y:2024:i:4:p:406-39
Journal Field
General
Author Count
4
Added to Database
2026-01-29