Beyond the Spanish MIR with consent: (Hidden) cooperation and coordination in matching
成果类型:
Article
署名作者:
Alcalde, Jose
署名单位:
Universitat d'Alacant
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2018.03.007
发表日期:
2018
页码:
32-49
关键词:
MIR with consent
Hidden cooperation
COORDINATION
Matching mechanisms
摘要:
Sequential mechanisms to solve matching problems are useful to promote (hidden) cooperation between agents. Taking as a starting point the MIRC mechanism, employed in Spain to match medical students and residency programs in privately owned hospitals, we find that: (1) In the current system, where the number of students that each program might enroll is limited, the unique equilibrium allocation can be unstable. (2) When the above limit is not (formally) imposed, instability is not expected to occur. Nevertheless, the multiplicity of equilibria shows that coordination failure might emerge, generating a social welfare loss. (3) When the role of students and hospitals is reversed in the MIRC mechanism, (hidden) cooperation is guaranteed. Moreover, coordination failure disappears. (C) 2018 Elsevier Inc. All rights reserved.
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