Implementation of the Core in College Admissions Problems When Colleagues Matter

2011-01-01
This paper presents mechanisms implementing the core correspondence of many-to-one matching markets, such as college admissions problems, where the students have preferences over the other students who would attend the same college. We first present a sequential mechanism implementing the core. We then show that simple two-stage mechanisms, which mimics the real-life processes, cannot be used to implement the core correspondence in subgame perfect Nash equilibrium even with strong assumptions on agents' preferences.
B E JOURNAL OF THEORETICAL ECONOMICS

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Citation Formats
S. Küçükşenel, “Implementation of the Core in College Admissions Problems When Colleagues Matter,” B E JOURNAL OF THEORETICAL ECONOMICS, pp. 0–0, 2011, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/48977.