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Matching games with partial information

Author

Listed:
  • Laureti, Paolo
  • Zhang, Yi-Cheng

Abstract

We analyze different ways of pairing agents in a bipartite matching problem, with regard to its scaling properties and to the distribution of individual “satisfactions”. Then we explore the role of partial information and bounded rationality in a generalized Marriage Problem, comparing the benefits obtained by self-searching and by a matchmaker. Finally we propose a modified matching game intended to mimic the way consumers’ information makes firms to enhance the quality of their products in a competitive market.

Suggested Citation

  • Laureti, Paolo & Zhang, Yi-Cheng, 2003. "Matching games with partial information," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 324(1), pages 49-65.
    • Handle: RePEc:eee:phsmap:v:324:y:2003:i:1:p:49-65
    DOI: 10.1016/S0378-4371(02)01953-2
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    Citations

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    Cited by:

    1. Tao Jia & Robert F Spivey & Boleslaw Szymanski & Gyorgy Korniss, 2015. "An Analysis of the Matching Hypothesis in Networks," PLOS ONE, Public Library of Science, vol. 10(6), pages 1-12, June.
    2. Tilles, Paulo F.C. & Ferreira, Fernando F. & Francisco, Gerson & Pereira, Carlos de B. & Sarti, Flavia M., 2011. "A Markovian model market—Akerlof’s lemons and the asymmetry of information," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 390(13), pages 2562-2570.
    3. Shi, Gui-Yuan & Kong, Yi-Xiu & Liao, Hao & Zhang, Yi-Cheng, 2016. "Analysis of ground state in random bipartite matching," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 444(C), pages 397-402.
    4. André Veski & Kaire Põder, 2018. "Zero-intelligence agents looking for a job," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 13(3), pages 615-640, October.
    5. Yi-Xiu Kong & Guang-Hui Yuan & Lei Zhou & Rui-Jie Wu & Gui-Yuan Shi, 2018. "Competition May Increase Social Utility in Bipartite Matching Problem," Complexity, Hindawi, vol. 2018, pages 1-7, November.
    6. Fenoaltea, Enrico Maria & Baybusinov, Izat B. & Na, Xu & Zhang, Yi-Cheng, 2022. "A local interaction dynamic for the matching problem," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 604(C).

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