Wirtschaftswissenschaft
Ernan Haruvy
On the Importance of Relative Payoffs in Two-Sided Matching
Jahrgang 175 (2019) / Heft 1, S. 58-85 (28)
28,00 €
inkl. gesetzl. MwSt.
Artikel PDF
DOI:
In a series of laboratory experiments, small groups of individuals who find themselves in an unequal pairwise-stable outcome tacitly form coalitions on one sideof the market to protect or reject that outcome. The contribution of this work isin showing that relative payoffs play a role in two-sided matching markets; thatin the lab, a same-side blocking coalition can form; and that the matching prescribed by deferred acceptance, by virtue of being highly asymmetric, may not survive same-side blocking coalitions.