Menu Content/Inhalt
November 2018
M T W T F S S
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

Search on Site

Events Print
previous year previous month next month next year
See by year See by month See by week See Today Search Jump to month
Thierry Magnac, TSE Print
Tuesday, 16 October 2018, 14:00 - 15:15

Thierry Magnac, Toulouse School of Economics

A Pigouvian Approach to Congestion in Matching Markets

Abstract : Recruiting agents, or "programs," costly screen "applicants" in matching processes, and congestion in a market increases with the number of applicants to be screened. To combat this externality that applicants impose on programs, application costs can be used as a Pigouvian tax. Higher costs reduce congestion by discouraging applicants from applying to certain programs; however, they may harm match quality. In a multiple-elicitation experiment conducted in a real-life matching market, we implement variants of the Gale-Shapley Deferred-Acceptance mechanism with di erent application costs. Our experimental and structural estimates show that a (low) application cost effectively reduces congestion without harming match quality. 

Homepage 

Location: R42.2.113
Contact: Nancy De Munck - This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Back