Contracts are not salaries in the hidden-substitutes domain

Avinatan Hassidim; Assaf Romm; Ran I. Shorrer

doi:10.1016/j.econlet.2019.04.025

Contracts are not salaries in the hidden-substitutes domain

Avinatan Hassidim
, Assaf Romm
, Ran I. Shorrer^*

^*Corresponding author for this work

Department of Economics

Research output: Contribution to journal › Article › peer-review

Abstract

We show that many-to-one matching markets with contracts where colleges’ preferences satisfy the hidden substitutes condition of Hatfield and Kominers (2015)may not be embedded, in the sense of Echenique (2012)into a Kelso and Crawford(1982)matching-with-salaries market. Our proof relies on a configurations of preferences that is observed in many college admissions markets.

Original language	English
Pages (from-to)	40-42
Number of pages	3
Journal	Economics Letters
Volume	181
DOIs	https://doi.org/10.1016/j.econlet.2019.04.025
State	Published - Aug 2019

Bibliographical note

Publisher Copyright:
© 2019

Keywords

Matching
Matching with contracts
Matching with salaries
embedding

Access to Document

10.1016/j.econlet.2019.04.025

Cite this

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title = "Contracts are not salaries in the hidden-substitutes domain",

abstract = "We show that many-to-one matching markets with contracts where colleges{\textquoteright} preferences satisfy the hidden substitutes condition of Hatfield and Kominers (2015)may not be embedded, in the sense of Echenique (2012)into a Kelso and Crawford(1982)matching-with-salaries market. Our proof relies on a configurations of preferences that is observed in many college admissions markets.",

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AU - Romm, Assaf

AU - Shorrer, Ran I.

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N2 - We show that many-to-one matching markets with contracts where colleges’ preferences satisfy the hidden substitutes condition of Hatfield and Kominers (2015)may not be embedded, in the sense of Echenique (2012)into a Kelso and Crawford(1982)matching-with-salaries market. Our proof relies on a configurations of preferences that is observed in many college admissions markets.

AB - We show that many-to-one matching markets with contracts where colleges’ preferences satisfy the hidden substitutes condition of Hatfield and Kominers (2015)may not be embedded, in the sense of Echenique (2012)into a Kelso and Crawford(1982)matching-with-salaries market. Our proof relies on a configurations of preferences that is observed in many college admissions markets.

KW - Matching

KW - Matching with contracts

KW - Matching with salaries

KW - embedding

UR - https://www.scopus.com/pages/publications/85065131929

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VL - 181

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JO - Economics Letters

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ER -

Contracts are not salaries in the hidden-substitutes domain

Abstract

Bibliographical note

Keywords

Access to Document

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