Designing Approximately Optimal Search on Matching Platforms
Immorlica N, Lucier B, Manshadi V, Wei A. Designing Approximately Optimal Search on Matching Platforms. Management Science 2023, 69: 4609-4626. DOI: 10.1287/mnsc.2022.4601.Peer-Reviewed Original ResearchSocial welfareTwo-sided matching marketsUnique stationary equilibriumDecentralized two-sided matching marketFirst-best social welfareEquilibrium social welfareImproved approximation factorMeeting rateStationary equilibriumMatching marketsAgents' incentivesOptimal welfareOmar BesbesBipartite graphsIncentive issuesSearch designAgent typesApproximation factorOnline appendixConstant factorWelfareMarketMarketing analyticsSearch problemDesign problem