Contracts are not salaries in the hidden-substitutes domain
Economics Letters(2019)
摘要
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.
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关键词
Matching,Matching with contracts,Matching with salaries,embedding
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