DocumentCode
2828161
Title
Designing a strategic bipartite matching market
Author
Jain, Rahul
Author_Institution
IBM T. J. Watson Res. Center, Hawthorne
fYear
2007
fDate
12-14 Dec. 2007
Firstpage
139
Lastpage
144
Abstract
We consider a version of the Gale-Shapley matching problem and the Shapley-Shubik assignment game. It involves matching n buyers with m sellers. Each seller offers a distinct good and a buyer has a different valuation for various goods, and it only wants one. The matching may also involve an exchange of numeraire to be paid by the buyers, and to the sellers. The players are strategic. The key requirements are ex ante individual rationality, strong budget-balance and efficiency at equilibrium. The motivation is a advertiser-host matching system. We propose an auction-based matching mechanism. The mechanism is non-VCG (Vickrey-Clarke-Groves) type, ex ante individual rational and is able to achieve strong budget-balance. Further, we show that there exists a Nash equilibrium that is efficient.
Keywords
advertising; game theory; pattern matching; Gale-Shapley matching problem; Nash equilibrium; Shapley-Shubik assignment game; advertiser-host matching system; auction-based matching mechanism; ex ante individual rational; nonVickrey-Clarke-Groves type; strategic bipartite matching market design; Cost accounting; Cultural differences; Educational institutions; Iterative algorithms; Nash equilibrium; Optimal matching; Pricing; Shape control; Stability; USA Councils;
fLanguage
English
Publisher
ieee
Conference_Titel
Decision and Control, 2007 46th IEEE Conference on
Conference_Location
New Orleans, LA
ISSN
0191-2216
Print_ISBN
978-1-4244-1497-0
Electronic_ISBN
0191-2216
Type
conf
DOI
10.1109/CDC.2007.4434797
Filename
4434797
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