Modeling Two-Sided Matching Considering Agents’ Psychological Behavior Based on Regret Theory
نویسندگان
چکیده
منابع مشابه
Balanced Two-sided Matching
In two-sided matching problem, there are overwhelming evidences that support peoples are also motivated by concerns for fairness and reciprocity. We will show that compromise which is individually irrational improves the welfare of the whole groups. The reasonable compromise level is obtained as the function of the size of the group so that the social utility should be maximized.
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When matching mechanisms yield assignments that are not stable, offers unravel, and, eventually, participants abandon the match. This logic is thought to provide a reasonable explanation of why, empirically, the stable Deferred Acceptance (DA) mechanism persists where non-stable alternatives, such as Priority mechanisms, are abandoned. Theory, however, tells us that both Deferred Acceptance (DA...
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We investigate strategic behavior in a centralized matching clearinghouse based on the GaleShapley deferred acceptance algorithm. To do so, we conduct a laboratory experiment to test whether agents strategically misrepresent their preferences by submitting a “truncation” of their true preferences. Our experimental design uses a restricted environment in which subjects always have a best-respons...
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Most of the two-sided matching literature maintains the assumption that agents are never indifferent between any two members of the opposite side. In practice, however, ties in preferences arise naturally and are widespread. Market design needs to handle ties carefully, because in the presence of indifferences, stability no longer implies Pareto efficiency, and the deferred acceptance algorithm...
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ژورنال
عنوان ژورنال: SAGE Open
سال: 2020
ISSN: 2158-2440,2158-2440
DOI: 10.1177/2158244020931899