Matching Theory and Market Design

During the past 30 years, matching theory has become a rapidly growing branch of microeconomics that analyzes the allocation, exchange and matching of indivisible resources while using the tools of game theory and mechanism design. The 2012 Nobel Prize in Economics was awarded to two economists, Alvin E. Roth and Lloyd S. Shapley, for their contributions to matching theory and market design, highlighting the importance of these paradigms. On the other hand, the field of matching theory is not known well in Turkey. The purpose of this article is to contribute to the recognition of matching theory and market design by introducing some of the fundamental models and results in this field. Therefore, two-sided and one-sided matching markets, school choice problem, student placement problem and market design for kidney exchange are examined in this study.