2021/07/08 by Marcelo Ariel Fernandez, Fernandez, Marcelo Ariel, Kirill Rudov +3
Economics, Econometrics and Finance · Social Sciences · Decision Sciences · #Game Theory and Voting Systems #Experimental Behavioral Economics Studies #Auction Theory and Applications
paper · pdf · doi:10.48550/arxiv.2107.04098
We study the impacts of incomplete information on centralized one-to-one matching markets. We focus on the commonly used Deferred Acceptance mechanism (Gale and Shapley, 1962). We show that many complete-information results are fragile to a small infusion of uncertainty about others' preferences.