作者：Baccara, Mariagiovanna; Lee, SangMok; Yariv, Leeat
作者单位：Washington University (WUSTL); Washington University (WUSTL); Princeton University
摘要：We study a dynamic matching environment where individuals arrive sequentially. There is a trade-off between waiting for a thicker market, allowing for higher-quality matches, and minimizing agents' waiting costs. The optimal mechanism cumulates a stock of incongruent pairs up to a threshold and matches all others in an assortative fashion instantaneously. In discretionary settings, a similar protocol ensues in equilibrium, but expected queues are inefficiently long. We quantify the welfare gai...
