Difference between revisions of "Matching Theory"
From Critiques Of Libertarianism
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[[Category:Pareto Optimality]] | [[Category:Pareto Optimality]] | ||
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[[Category:Market Alternatives]] | [[Category:Market Alternatives]] | ||
{{DES | des = (Also known as Stable Allocations.) [[Lloyd Shapley]] and [[Alvin Roth]] won the Nobel prize in economics for this theory. [[Noah Smith]] says "Matching Theory is basically an algorithm - a mathematical technology - for finding optimal matches between pairs or groups of people. It incorporates human preferences, optimization, and strategic behavior, so it is economics." It is also a good example of [[Central Planning]] that can work better than actual markets. | show=}} | {{DES | des = (Also known as Stable Allocations.) [[Lloyd Shapley]] and [[Alvin Roth]] won the Nobel prize in economics for this theory. [[Noah Smith]] says "Matching Theory is basically an algorithm - a mathematical technology - for finding optimal matches between pairs or groups of people. It incorporates human preferences, optimization, and strategic behavior, so it is economics." It is also a good example of [[Central Planning]] that can work better than actual markets. | show=}} | ||
