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Article
Simple Mechanisms to Implement the Core of College Admissions Problems
Games and Economic Behavior (2000)
  • Jose Alcalde, University of Alicante
  • Antonio Romero-Medina, Universidad Carlos III de Madrid
Abstract
This paper analyzes simple mechanisms implementing (subselections of) the core correspondence of matching markets. We provide a sequential mechanism which mimics a matching procedure for many-to-one real life matching markets. We show that only core allocations should be attained when agents act strategically when faced with this mechanism. We also provide a second mechanism to implement the core correspondence in Subgame Perfect Equilibrium.
Keywords
  • Matching Markets,
  • Stability,
  • Mechanism Design.
Publication Date
2000
Citation Information
Jose Alcalde and Antonio Romero-Medina. "Simple Mechanisms to Implement the Core of College Admissions Problems" Games and Economic Behavior Vol. 31 (2000)
Available at: http://works.bepress.com/antonio_romero_medina/3/