On Matching and Thickness in Heterogeneous Dynamic Markets
On Matching and Thickness in Heterogeneous Dynamic Markets
复制标题
异质动态市场中的匹配与厚度
DOI:
10.2139/ssrn.3067596
复制
发表时间:
2016
期刊:
影响因子:
--
通讯作者:
V. Manshadi
中科院分区:
文献类型:
--
作者:
I. Ashlagi;Maximilien Burq;Patrick Jaillet;V. Manshadi
We study dynamic matching in an infinite-horizon stochastic networked market, in which some agents are a priori more difficult to match than others. Agents have compatibility-based preferences and can match either bilaterally, or indirectly through chains. We study the effect matching technologies and matching policies have on efficiency in markets with different compositions of hard and easy-to-match agents. First, we analyze myopic matching policies and identify a strong connection between market thickness and the efficiency driven by the matching technology. We show that when "hard-to-match" agents join the market more frequently than "easy-to-match" ones, moving from bilateral matchings to chains significantly increases efficiency. Otherwise, the difference between matching bilaterally or through a chain is negligible. Second, we show that the lack of thickness cannot be compensated by non-myopic matching policies implying that the only way to thicken the market fruitfully is by attracting more agents.
影响因子:
6.8
作者:
Sönmez, Tayfun;Ünver, M Utku
通讯作者:
Ünver, M Utku
DOI:
10.1111/j.1467-937x.2008.00517.x
发表时间:
2005-12
期刊:
Macroeconomics eJournal
影响因子:
--
作者:
Heidrun C. Hoppe-Wewetzer;B. Moldovanu;A. Sela
通讯作者:
Heidrun C. Hoppe-Wewetzer;B. Moldovanu;A. Sela
影响因子:
10.7
作者:
Agarwal, Nikhil;Ashlagi, Itai;Azevedo, Eduardo;Featherstone, Clayton R.;Karaduman, Ömer
通讯作者:
Karaduman, Ömer