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| Dublin Core |
PKP Metadata Items |
Metadata for this document |
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| 1. |
Title |
Title of document |
Distance on matchings: an axiomatic approach |
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| 2. |
Creator |
Author's name, affiliation |
Burak Can; Department of Data Analytics and Digitalisation, Maastricht University |
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| 2. |
Creator |
Author's name, affiliation |
Mohsen Pourpouneh; Center for Blockchains and Electronic Markets, University of Copenhagen |
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| 2. |
Creator |
Author's name, affiliation |
Ton Storcken; Department of Quantitative Economics, Maastricht University |
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| 3. |
Subject |
Subject(s) |
Matching markets, distance function, metrics |
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| 3. |
Subject |
Subject classification |
C78, D61, D63 |
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| 4. |
Description |
Abstract |
Matchings in a market may have varying degrees of compromise from efficiency, fairness, and or stability. A distance function allows to quantify such concepts or the (dis)similarity between any two matchings. There are a few attempts to propose such functions, however these are tailored for specific applications and ignore the individual preferences completely. In this paper, we construct a normative framework to quantify the difference between outcomes of market mechanisms in matching markets, while endogenizing the preferences of the individuals into the distance concept. Several conditions are introduced to capture natural and appealing behavior of such functions. We find a class of distance functions called \textit{scaled Borda distances}, which is the only class of distance functions that satisfies these conditions simultaneously. |
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| 5. |
Publisher |
Organizing agency, location |
Econometric Society |
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| 6. |
Contributor |
Sponsor(s) |
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| 7. |
Date |
(YYYY-MM-DD) |
2023-05-11 |
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| 8. |
Type |
Status & genre |
Peer-reviewed Article |
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| 8. |
Type |
Type |
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| 9. |
Format |
File format |
pdf
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| 10. |
Identifier |
Universal Resource Indicator |
https://econtheory.org/ojs/index.php/te/article/view/20230597 |
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| 11. |
Source |
Journal/conference title; vol., no. (year) |
Theoretical Economics; Volume 18, Number 2 (May 2023) |
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| 12. |
Language |
English=en |
en |
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| 15. |
Rights |
Copyright and permissions |
Authors who publish in Theoretical Economics will release their articles under the Creative Commons Attribution-NonCommercial license. This license allows anyone to copy and distribute the article for non-commercial purposes provided that appropriate attribution is given. |