Matching With (Branch‐of‐Choice) Contracts at the United States Military Academy
Matching With (Branch‐of‐Choice) Contracts at the United States Military Academy
复制标题
与美国军事学院的(选择的部门)合同相匹配
DOI:
10.3982/ecta10570
复制
发表时间:
2013
期刊:
影响因子:
6.1
通讯作者:
T. Switzer
中科院分区:
文献类型:
--
作者:
Tayfun Sönmez;T. Switzer
Branch selection is a key decision in a cadet's military career. Cadets at USMA can increase their branch priorities at a fraction of slots by extending their service agreement. This real-life matching problem fills an important gap in market design literature. Although priorities fail a key substitutes condition, the agent-optimal stable mechanism is well-defined, and in contrast to the current USMA mechanism it is fair, stable, and strategy-proof. Adoption of this mechanism benefits cadets and the Army. This new application shows that matching with contracts model is practically relevant beyond traditional domains that satisfy the substitutes condition.