Online and Matching-Based Market Design

The field of matching-based market design is a rich and important one, with successful applications in economics and sociology. This volume, contributed by over fifty top researchers, covers the dominant ideas from computer science and economics, introduces algorithmic questions, and discusses methodologies and applications from both the pre-Internet and post-Internet eras. It also discusses the basic notions of efficiency, fairness, and incentives and how market design seeks solutions guided by normative criteria.

Format: Hardback
Length: 742 pages
Publication date: 22 June 2023
Publisher: Cambridge University Press

The rich and complex field of matching-based market design is a vibrant and significant area of study due to its remarkable successes in impacting both the economic and sociological realms. While its roots lie in economics, it also has deep connections to algorithm design and operations research. This comprehensive volume, featuring contributions from over fifty esteemed researchers from all three disciplines, showcases a remarkable breadth and depth while maintaining a cohesive and unified perspective of the field. It serves as an invaluable resource for both novice and expert scholars, providing an accessible introduction to the dominant ideas from computer science and economics that underpin the most important findings in market design. Moreover, it delves into the fundamental algorithmic questions and combinatorial structures that shape this field. The book comprehensively covers methodologies and applications from both the pre-Internet and post-Internet eras, providing a comprehensive understanding of the evolution and advancements in market design. Key chapters delve into the core concepts of efficiency, fairness, and incentives, exploring how market design aims to find solutions guided by normative criteria borrowed from social choice theory. By examining these topics in depth, the book offers valuable insights into the complex dynamics and mechanisms that drive market systems, shaping the outcomes and interactions of individuals, organizations, and society as a whole.

Weight: 1468g
Dimension: 183 x 261 x 48 (mm)
ISBN-13: 9781108831994