25:
102:
929:
917:
1067:
Matching theory typically focuses on two-sided matching, where two types of workers are considered (e.g. men and women in the marriage market, firms and workers in the labor market, and students matching with colleges). A smaller literature considers other types of matching, such as one-sided
1016:
Matching has two main categories. One category is matching with nontransferrable utility (NTU), where match payoffs are nontransferable and stability requires individual rationality and double
1072:) and many-sided matching (e.g. man-woman-child matching). Within two sided matching, three types of matches are considered: one-to-one, many-to-one, and many-to-many.
959:
891:
997:
1075:
Matching theory has been applied to study positive questions, such as who matches with who, as well as normative questions regarding how to best
992:
in the focus of who matches with whom. Matching theory typically examines matching in the absence of search frictions, differentiating it from
46:
1041:
1088:
1099:
Matching theory typically examines matching in the absence of search frictions in a centralized environment, differentiating it from
1087:
Matching theory has been applied to study a wide set of applications, including: marriage, housing allocation, kidney exchange, the
68:
952:
1165:
1103:. Under certain contexts, the search and matching equilibrium converges to a stable matching when search frictions disappear
552:
290:
1250:
1112:
993:
901:
121:
111:
39:
33:
1225:
1100:
945:
895:
425:
415:
305:
50:
1069:
874:
612:
567:
420:
189:
133:
1205:
627:
1029:
577:
385:
375:
335:
325:
232:
155:
747:
592:
330:
270:
227:
174:
562:
881:
537:
522:
380:
320:
300:
295:
1185:
1017:
632:
454:
405:
370:
310:
275:
179:
169:
116:
1132:
1032:. The second category is matching with transferable utility (TU). The latter dates back to work on
989:
858:
667:
527:
489:
430:
355:
345:
315:
242:
150:
1037:
886:
842:
647:
484:
479:
459:
410:
350:
340:
285:
280:
252:
247:
217:
85:
1220:
777:
752:
702:
662:
542:
499:
435:
400:
390:
222:
184:
140:
827:
772:
757:
742:
727:
707:
657:
637:
617:
572:
445:
395:
365:
360:
101:
985:
921:
832:
797:
762:
697:
622:
607:
494:
469:
464:
440:
212:
207:
1157:
852:
837:
802:
787:
767:
737:
587:
557:
474:
164:
160:
1244:
1076:
1057:
1053:
1033:
1025:
1005:
1001:
817:
807:
782:
722:
717:
712:
692:
682:
652:
642:
547:
450:
933:
847:
792:
687:
677:
672:
597:
145:
1133:"The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2012"
1061:
1052:(1957) who studies the problem with pricing. Modern TU matching follows work by
822:
812:
602:
237:
1021:
732:
532:
1060:(1971), who provided a TU equivalent of Gale and Shapley (1962), as well as
973:
582:
513:
93:
916:
1049:
1045:
18:
1158:"Sorting through Search and Matching Models in Economics"
1064:(1973) who applied TU matching to the marriage market.
1184:
Niederle, Muriel; Roth, Alvin; Sönmez, Tayfun (2007).
1187:
The New
Palgrave Dictionary of Economics, 2nd edition
1156:
Chade, Hector; Eeckhout, Jane; Smith, Lones (2017).
1020:. This strand of the literature emerged from the
953:
8:
1095:Relationship with search and matching theory
1219:Lauermann, Stephan; Nöldeke, Georg (2014).
988:. Matching markets are distinguished from
960:
946:
80:
998:Nobel Memorial Prize in Economic Sciences
69:Learn how and when to remove this message
32:This article includes a list of general
1221:"Stable marriages and search frictions"
1124:
92:
1206:"Matching Theory and Its Applications"
7:
1008:for their work on matching theory.
1089:National Resident Matching Program
38:it lacks sufficient corresponding
14:
927:
915:
100:
23:
202:Concepts, theory and techniques
1166:Journal of Economic Literature
1:
1042:optimal transportation theory
1113:Matching theory (economics)
1028:(1962) introduction of the
1267:
1226:Journal of Economic Theory
1101:search and matching theory
1044:, in particular following
994:search and matching theory
16:Field of market economics
1204:Levin, Jonathan (2011).
1070:stable roommates problem
190:JEL classification codes
1030:stable marriage problem
376:Industrial organization
233:Computational economics
53:more precise citations.
978:stable matching theory
228:Experimental economics
1193:. Palgrave Macmillan.
1091:, and school choice.
1018:coincidence of wants
455:Social choice theory
1068:matching (e.g. the
922:Business portal
243:Operations research
223:National accounting
1251:Market (economics)
1079:matching markets.
984:, is the study of
253:Industrial complex
248:Middle income trap
990:Walrasian markets
970:
969:
79:
78:
71:
1258:
1235:
1234:
1216:
1210:
1209:
1201:
1195:
1194:
1192:
1181:
1175:
1174:
1162:
1153:
1147:
1146:
1144:
1143:
1129:
986:matching markets
962:
955:
948:
934:Money portal
932:
931:
930:
920:
919:
416:Natural resource
208:Economic systems
104:
81:
74:
67:
63:
60:
54:
49:this article by
40:inline citations
27:
26:
19:
1266:
1265:
1261:
1260:
1259:
1257:
1256:
1255:
1241:
1240:
1239:
1238:
1218:
1217:
1213:
1203:
1202:
1198:
1190:
1183:
1182:
1178:
1160:
1155:
1154:
1150:
1141:
1139:
1137:The Nobel Prize
1131:
1130:
1126:
1121:
1109:
1097:
1085:
1040:(1942) work on
1014:
1000:was awarded to
996:. In 2012, the
982:matching theory
966:
928:
926:
914:
907:
906:
877:
867:
866:
865:
864:
628:von Böhm-Bawerk
516:
505:
504:
266:
258:
257:
213:Economic growth
203:
195:
194:
136:
134:classifications
75:
64:
58:
55:
45:Please help to
44:
28:
24:
17:
12:
11:
5:
1264:
1262:
1254:
1253:
1243:
1242:
1237:
1236:
1211:
1196:
1176:
1148:
1123:
1122:
1120:
1117:
1116:
1115:
1108:
1105:
1096:
1093:
1084:
1081:
1013:
1010:
968:
967:
965:
964:
957:
950:
942:
939:
938:
937:
936:
924:
909:
908:
905:
904:
899:
889:
884:
878:
873:
872:
869:
868:
863:
862:
855:
850:
845:
840:
835:
830:
825:
820:
815:
810:
805:
800:
795:
790:
785:
780:
775:
770:
765:
760:
755:
750:
745:
740:
735:
730:
725:
720:
715:
710:
705:
700:
695:
690:
685:
680:
675:
670:
665:
660:
655:
650:
645:
640:
635:
630:
625:
620:
615:
610:
605:
600:
595:
590:
585:
580:
575:
570:
565:
560:
555:
550:
545:
540:
535:
530:
525:
519:
518:
517:
511:
510:
507:
506:
503:
502:
497:
492:
487:
482:
477:
472:
467:
462:
457:
448:
443:
438:
433:
428:
423:
421:Organizational
418:
413:
408:
403:
398:
393:
388:
383:
378:
373:
368:
363:
358:
353:
348:
343:
338:
333:
328:
323:
318:
313:
308:
303:
298:
293:
288:
283:
278:
273:
267:
265:By application
264:
263:
260:
259:
256:
255:
250:
245:
240:
235:
230:
225:
220:
215:
210:
204:
201:
200:
197:
196:
193:
192:
187:
182:
177:
172:
167:
158:
153:
148:
143:
137:
131:
130:
127:
126:
125:
124:
119:
114:
106:
105:
97:
96:
90:
89:
77:
76:
31:
29:
22:
15:
13:
10:
9:
6:
4:
3:
2:
1263:
1252:
1249:
1248:
1246:
1232:
1228:
1227:
1222:
1215:
1212:
1207:
1200:
1197:
1189:
1188:
1180:
1177:
1172:
1168:
1167:
1159:
1152:
1149:
1138:
1134:
1128:
1125:
1118:
1114:
1111:
1110:
1106:
1104:
1102:
1094:
1092:
1090:
1082:
1080:
1078:
1073:
1071:
1065:
1063:
1059:
1055:
1051:
1047:
1043:
1039:
1035:
1031:
1027:
1023:
1019:
1011:
1009:
1007:
1006:Lloyd Shapley
1003:
1002:Alvin E. Roth
999:
995:
991:
987:
983:
979:
975:
963:
958:
956:
951:
949:
944:
943:
941:
940:
935:
925:
923:
918:
913:
912:
911:
910:
903:
900:
897:
893:
890:
888:
885:
883:
880:
879:
876:
871:
870:
861:
860:
856:
854:
851:
849:
846:
844:
841:
839:
836:
834:
831:
829:
826:
824:
821:
819:
816:
814:
811:
809:
806:
804:
801:
799:
796:
794:
791:
789:
786:
784:
781:
779:
776:
774:
771:
769:
766:
764:
761:
759:
756:
754:
751:
749:
746:
744:
741:
739:
736:
734:
731:
729:
726:
724:
721:
719:
716:
714:
711:
709:
706:
704:
701:
699:
696:
694:
691:
689:
686:
684:
681:
679:
676:
674:
671:
669:
666:
664:
661:
659:
656:
654:
651:
649:
646:
644:
641:
639:
636:
634:
631:
629:
626:
624:
621:
619:
616:
614:
611:
609:
606:
604:
601:
599:
596:
594:
591:
589:
586:
584:
581:
579:
576:
574:
571:
569:
566:
564:
561:
559:
556:
554:
551:
549:
546:
544:
541:
539:
536:
534:
531:
529:
526:
524:
523:de Mandeville
521:
520:
515:
509:
508:
501:
498:
496:
493:
491:
488:
486:
483:
481:
478:
476:
473:
471:
468:
466:
463:
461:
458:
456:
452:
451:Public choice
449:
447:
444:
442:
439:
437:
434:
432:
429:
427:
426:Participation
424:
422:
419:
417:
414:
412:
409:
407:
404:
402:
399:
397:
394:
392:
389:
387:
386:Institutional
384:
382:
379:
377:
374:
372:
369:
367:
364:
362:
359:
357:
354:
352:
349:
347:
344:
342:
339:
337:
336:Expeditionary
334:
332:
329:
327:
326:Environmental
324:
322:
319:
317:
314:
312:
309:
307:
304:
302:
299:
297:
294:
292:
289:
287:
284:
282:
279:
277:
274:
272:
269:
268:
262:
261:
254:
251:
249:
246:
244:
241:
239:
236:
234:
231:
229:
226:
224:
221:
219:
216:
214:
211:
209:
206:
205:
199:
198:
191:
188:
186:
183:
181:
178:
176:
173:
171:
168:
166:
162:
159:
157:
156:International
154:
152:
149:
147:
144:
142:
139:
138:
135:
132:Branches and
129:
128:
123:
120:
118:
115:
113:
110:
109:
108:
107:
103:
99:
98:
95:
91:
87:
83:
82:
73:
70:
62:
59:December 2020
52:
48:
42:
41:
35:
30:
21:
20:
1230:
1224:
1214:
1199:
1186:
1179:
1170:
1164:
1151:
1140:. Retrieved
1136:
1127:
1098:
1086:
1083:Applications
1074:
1066:
1015:
981:
977:
971:
892:Publications
857:
480:Sociological
453: /
351:Geographical
331:Evolutionary
306:Digitization
271:Agricultural
175:Mathematical
146:Econometrics
65:
56:
37:
1038:Kantorovich
1036:(1781) and
728:von Neumann
381:Information
321:Engineering
301:Development
296:Demographic
238:Game theory
180:Methodology
51:introducing
1173:: 493–544.
1142:2020-12-29
1119:References
980:or simply
887:Economists
758:Schumacher
663:Schumpeter
633:von Wieser
553:von Thünen
514:economists
490:Statistics
485:Solidarity
406:Managerial
371:Humanistic
366:Historical
311:Ecological
276:Behavioral
170:Mainstream
34:references
1233:: 163–95.
974:economics
803:Greenspan
768:Samuelson
748:Galbraith
718:Tinbergen
658:von Mises
653:Heckscher
613:Edgeworth
431:Personnel
391:Knowledge
356:Happiness
346:Financial
316:Education
291:Democracy
185:Political
151:Heterodox
94:Economics
1245:Category
1107:See also
1050:Beckmann
1046:Koopmans
1012:Overview
896:journals
882:Glossary
833:Stiglitz
798:Rothbard
778:Buchanan
763:Friedman
753:Koopmans
743:Leontief
723:Robinson
608:Marshall
512:Notable
460:Regional
436:Planning
411:Monetary
341:Feminist
286:Cultural
281:Business
86:a series
84:Part of
1054:Shapley
1026:Shapley
902:Schools
894: (
853:Piketty
848:Krugman
713:Kuznets
703:Kalecki
678:Polanyi
568:Cournot
563:Bastiat
548:Ricardo
538:Malthus
528:Quesnay
500:Welfare
470:Service
141:Applied
117:Outline
112:History
47:improve
1077:design
1062:Becker
1058:Shubik
838:Thaler
818:Ostrom
813:Becker
808:Sowell
788:Baumol
693:Myrdal
688:Sraffa
683:Frisch
673:Knight
668:Keynes
643:Fisher
638:Veblen
623:Pareto
603:Menger
598:George
593:Jevons
588:Walras
578:Gossen
446:Public
441:Policy
396:Labour
361:Health
218:Market
36:, but
1191:(PDF)
1161:(PDF)
1034:Monge
875:Lists
843:Hoppe
828:Lucas
793:Solow
783:Arrow
773:Simon
738:Lange
733:Hicks
708:Röpke
698:Hayek
648:Pigou
618:Clark
533:Smith
495:Urban
475:Socio
465:Rural
165:Macro
161:Micro
122:Index
1056:and
1048:and
1024:and
1022:Gale
1004:and
859:more
583:Marx
573:Mill
558:List
1231:151
972:In
823:Sen
543:Say
401:Law
1247::
1229:.
1223:.
1171:55
1169:.
1163:.
1135:.
976:,
163:/
88:on
1208:.
1145:.
961:e
954:t
947:v
898:)
72:)
66:(
61:)
57:(
43:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
