Ordinal and cardinal solution concepts for two-sided matching

نویسندگان

  • Federico Echenique
  • Alfred Galichon
چکیده

We characterize solutions for two-sided matching, both in the transferableand in the nontransferable-utility frameworks, using a cardinal formulation. Our approach makes the comparison of the matching models with and without transfers particularly transparent. We introduce the concept of a no-trade matching to study the role of transfers in matching. A no-trade matching is one in which the availability of transfers do not affect the outcome.

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عنوان ژورنال:
  • Games and Economic Behavior

دوره 101  شماره 

صفحات  -

تاریخ انتشار 2017