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- W2513103310 abstract "We introduce a new matching model to mimic two-sided exchange programs such as tuition and worker exchanges, in which export-import balances are required for longevity of programs. These exchanges use decentralized markets, making it difficult to achieve this goal. We introduce the two-sided top trading cycles, the unique mechanism that is balanced-efficient, worker-strategy-proof, acceptable, individually rational, and respecting priority bylaws regarding worker eligibility. Moreover, it encourages exchange, because full participation induces a dominant-strategy equilibrium for firms. We extend it to dynamic settings permitting tolerable yearly imbalances and demonstrate that its regular and tolerable versions perform considerably better than models of current practice." @default.
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- W2513103310 date "2019-06-01" @default.
- W2513103310 modified "2023-10-16" @default.
- W2513103310 title "Two-Sided Matching via Balanced Exchange" @default.
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- W2513103310 doi "https://doi.org/10.1086/701358" @default.
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