Publication: Simple mechanisms to implement the core of college admissions problems
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1999-02
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Abstract
This paper analyzes simple mechanisms implementing (subselections of) the core correspondence of matching markets. We provide a sequential mechanism which mimics a matching procedure for many-to-one real life matching markets. We show that only core allocations should be attained when agents act strategically faced with this mechanism. We also provide a second mechanism to implement the core correspondence in Subgame Perfect Equilibrium.
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Matching markets, college admissions problems, mechanism design