Publisher Summary This chapter discusses the games that are two-sided matching markets.
The phrase two-sided refers to the fact that agents in such markets belong, from the outset …

Economic agents are not always rational or farsighted and can make decisions according to
simple behavioral rules that vary according to situation and can be studied using the tools of …

Computer science and economics have engaged in a lively interaction over the past fifteen
years, resulting in the new field of algorithmic game theory. Many problems that are central …

A central issue in school choice is the design of a student assignment mechanism.
Education literature provides guidance for the design of such mechanisms but does not offer …

Marketplaces are often small parts of large markets, and both markets and marketplaces
come in many varieties. Market design seeks to understand what marketplaces must …

The organization of the labor market for medical interns and residents underwent a number
of changes before taking its present form in 1951. The record of these changes and the …

Most transplanted kidneys are from cadavers, but there are also many transplants from live
donors. Recently, there have started to be kidney exchanges involving two donor-patient …

Economists have lately been called upon not only to analyze markets, but to design them.
Market design involves a responsibility for detail, a need to deal with all of a market's …

WHEN A COLLEGE GRADUATE decides to pursue a higher degree at a particular
institution, one of the first challenges she faces is finding an apartment. Most institutions …

We assisted the New York City Department of Education (NYCDOE) in designing a
mechanism to match over 90,000 entering students to public high schools each year. This …