Matching markets under (in)complete information

A-Tier
Journal: Journal of Economic Theory
Year: 2015
Volume: 157
Issue: C
Pages: 295-314

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

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

Abstract

We introduce incomplete information to centralized many-to-one matching markets. This is important because in real life markets (i) any agent is uncertain about the other agents' true preferences and (ii) most entry-level matching is many-to-one (and not one-to-one). We show that given a common prior, a strategy profile is an ordinal Bayesian Nash equilibrium under incomplete information in a stable mechanism if and only if, for any true profile in the support of the common prior, the submitted profile is a Nash equilibrium under complete information in the direct preference revelation game induced by the stable mechanism.

Technical Details

RePEc Handle
repec:eee:jetheo:v:157:y:2015:i:c:p:295-314
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25