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Book Revealed Preferences Models for Reconstructing and Analysing Partnerships in Two Sided Matching Market

Download or read book Revealed Preferences Models for Reconstructing and Analysing Partnerships in Two Sided Matching Market written by Shuchi Goyal and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many social processes studied by demographers can be viewed as two-sided matching markets. For example, heterosexual marriages, job searching, and residency assignments for medical school graduates all require members of two disjoint groups to mutually consent to form a relationship, or ``match.'' Yet the underlying mechanisms dictating such processes are often opaque. Demographers require statistical models for partnership formation that separate the underlying preferences individuals have for various types of partners from the availability of such partners. To address this need, in my dissertation I develop a revealed preferences model (RPM) which captures the complex interplay between discrete characteristics, both observed and unobserved, of individuals and the availabilities of potential partners to form a stable set of partnerships in networks of different sizes. The major contribution of this work is the introduction of a model that not only estimates partnership outcomes in a two-sided matching market, but also is flexible enough to handle realistic data drawn from various sampling schemes and population types. Contextualizing the problem in the heterosexual marriage market setting, in the first two chapters I present background information on the two-sided matching market problem and and introduce the revealed preferences model novel statistical methodology to compute point estimates for preferences parameters. I validate the approaches with multiple simulation studies and demonstrate RPM's key novel contribution, the ability to recover societal preferences for partners independent of the types of partners available. I additionally use these simulation studies to conduct a comprehensive study of model performance under different conditions, such as varying population and sample sizes and different sampling schemes. To facilitate the use of the model in practical settings, I propose additional novel tools such as bootstrap procedures for bias-correcting parameter estimation and empirical and analytical approaches for computing uncertainty intervals for the preference parameter estimates. I discuss the process of model selection and propose several methods for assessing the goodness-of-fit, including quantitative and visual procedures. To my knowledge this is the first time these procedures have been discussed in literature. To aid continued development of models for two-sided matching markets, I present a review of the two major frameworks that have been hypothesized as underlying the partnership process. While developments in marriage modeling under these different frameworks have continued in parallel over the last several years, this is the first time that the assumptions and implications of the two frameworks have been compared clearly side-by-side using consistent notation. I bridge the gap in literature between the two settings by demonstrating how RPM can be adapted to model the marriage process in either scenario. Throughout the dissertation, I continue to validate the proposed procedures through extensive simulation studies, and I show how the model can be applied and interpreted given survey data from the 2008 Survey on Income and Program Participation.

Book An Awareness Model for a Two sided Matching Market

Download or read book An Awareness Model for a Two sided Matching Market written by Xinyuan Zhang and published by . This book was released on 2022 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: In demographic studies, the latent preferences for partners during a partnership formation process has long been a crucial problem. However, in practical setting, individuals are usu- ally only aware of a certain subset of potential partners, and these should be separated from preferences when modelling this matching process. In this thesis, we address this issue by constructing an awareness model for matching where individuals are aware of a subset of po- tential partners, and have nontransferable utilities for them based on certain characteristics. We extend Goyal et al.'s framework (2022) to estimate preference and awareness parame- ters, where awareness parameters are estimated based on continuous covariates. We conduct simulation studies in multiple theoretical scenarios to show that under various settings, the model accurately recovers preference and awareness parameters. We also conduct a case study based on recent marriages observed in the 2019 American Community Survey (ACS) data.

Book A General Two sided Matching Market with Discrete Concave Utility Functions

Download or read book A General Two sided Matching Market with Discrete Concave Utility Functions written by Satoru Fujishige and published by . This book was released on 2003 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: "In the theory of two-sided matching markets there are two standard models called the stable marriage model, due to Gale and Shapley, and the assignment model, due to Shapley and Shubik. Recently, Eriksson and Karlander have introduced a hybrid model of these two and Sotomayor also considered the hybrid model with full generality. In this paper, we propose a common generalization of these models by utilizing a framework of discrete convex analysis introduced by Murota, and verify the existence of a stable solution in our general model."

Book Reciprocal Preferences in Matching Markets

Download or read book Reciprocal Preferences in Matching Markets written by Timm Opitz and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agents with reciprocal preferences prefer to be matched to a partner who also likes to collaborate with them. In this paper, we introduce and formalize reciprocal preferences, apply them to matching markets, and analyze the implications for mechanism design. Formally, the preferences of an agent can depend on the preferences of potential partners and there is incomplete information about thepartners' preferences. We find that there is no stable mechanism in standard two-sided markets. Observing the final allocation of the mechanism enables agents to learn about each other's preferences, leading to instability. However, in a school choice setting with one side of the market being non-strategic, modified versions of the deferred acceptance mechanism can achieve stability. These results provide insights into non-standard preferences in matching markets, and their implications for efficient information and mechanism design.

Book Trends in Computational Social Choice

Download or read book Trends in Computational Social Choice written by Ulle Endriss and published by Lulu.com. This book was released on 2017 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Computational social choice is concerned with the design and analysis of methods for collective decision making. It is a research area that is located at the interface of computer science and economics. The central question studied in computational social choice is that of how best to aggregate the individual points of view of several agents, so as to arrive at a reasonable compromise. Examples include tallying the votes cast in an election, aggregating the professional opinions of several experts, and finding a fair manner of dividing a set of resources amongst the members of a group -- Back cover.

Book Global Trends 2040

    Book Details:
  • Author : National Intelligence Council
  • Publisher : Cosimo Reports
  • Release : 2021-03
  • ISBN : 9781646794973
  • Pages : 158 pages

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Book Revealed Preference Theory

Download or read book Revealed Preference Theory written by Christopher P. Chambers and published by Cambridge University Press. This book was released on 2016-01-05 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of revealed preference has a long, distinguished tradition in economics but lacked a systematic presentation of the theory until now. This book deals with basic questions in economic theory and studies situations in which empirical observations are consistent or inconsistent with some of the best known economic theories.

Book Basic Methods of Policy Analysis and Planning

Download or read book Basic Methods of Policy Analysis and Planning written by Carl Patton and published by Routledge. This book was released on 2015-08-26 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: Updated in its 3rd edition, Basic Methods of Policy Analysis and Planning presents quickly applied methods for analyzing and resolving planning and policy issues at state, regional, and urban levels. Divided into two parts, Methods which presents quick methods in nine chapters and is organized around the steps in the policy analysis process, and Cases which presents seven policy cases, ranging in degree of complexity, the text provides readers with the resources they need for effective policy planning and analysis. Quantitative and qualitative methods are systematically combined to address policy dilemmas and urban planning problems. Readers and analysts utilizing this text gain comprehensive skills and background needed to impact public policy.

Book Stable Marriage and Its Relation to Other Combinatorial Problems

Download or read book Stable Marriage and Its Relation to Other Combinatorial Problems written by Donald Ervin Knuth and published by American Mathematical Soc.. This book was released on 1997 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: Uses the theory of stable marriage to introduce and illustrate a variety of important concepts and techniques of computer science and mathematics: data structures, control structures, combinatorics, probability, analysis, algebra, and especially the analysis of algorithms.

Book Digraphs

    Book Details:
  • Author : Jorgen Bang-Jensen
  • Publisher : Springer Science & Business Media
  • Release : 2013-06-29
  • ISBN : 1447138864
  • Pages : 769 pages

Download or read book Digraphs written by Jorgen Bang-Jensen and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 769 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study of directed graphs (digraphs) has developed enormously over recent decades, yet the results are rather scattered across the journal literature. This is the first book to present a unified and comprehensive survey of the subject. In addition to covering the theoretical aspects, the authors discuss a large number of applications and their generalizations to topics such as the traveling salesman problem, project scheduling, genetics, network connectivity, and sparse matrices. Numerous exercises are included. For all graduate students, researchers and professionals interested in graph theory and its applications, this book will be essential reading.

Book Bulletin of the Atomic Scientists

Download or read book Bulletin of the Atomic Scientists written by and published by . This book was released on 1955-04 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.

Book Networks  Crowds  and Markets

Download or read book Networks Crowds and Markets written by David Easley and published by Cambridge University Press. This book was released on 2010-07-19 with total page 745 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are all film stars linked to Kevin Bacon? Why do the stock markets rise and fall sharply on the strength of a vague rumour? How does gossip spread so quickly? Are we all related through six degrees of separation? There is a growing awareness of the complex networks that pervade modern society. We see them in the rapid growth of the internet, the ease of global communication, the swift spread of news and information, and in the way epidemics and financial crises develop with startling speed and intensity. This introductory book on the new science of networks takes an interdisciplinary approach, using economics, sociology, computing, information science and applied mathematics to address fundamental questions about the links that connect us, and the ways that our decisions can have consequences for others.

Book Handbook on Impact Evaluation

Download or read book Handbook on Impact Evaluation written by Shahidur R. Khandker and published by World Bank Publications. This book was released on 2009-10-13 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public programs are designed to reach certain goals and beneficiaries. Methods to understand whether such programs actually work, as well as the level and nature of impacts on intended beneficiaries, are main themes of this book.

Book Bulletin of the Atomic Scientists

Download or read book Bulletin of the Atomic Scientists written by and published by . This book was released on 1970-06 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.

Book Peer to Peer Accommodation Networks

Download or read book Peer to Peer Accommodation Networks written by Sara Dolnicar and published by Goodfellow Publishers Ltd. This book was released on 2017-12-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to present a new conceptual framework which offers an initial explanation for the continuing and rapid success of such 'disruptive innovators’ and their effects on the international hospitality industry. It discusses all the hot topics in this area, with a specific focus on Airbnb, in the international context.

Book Bulletin of the Atomic Scientists

Download or read book Bulletin of the Atomic Scientists written by and published by . This book was released on 1973-10 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.

Book World Development Report 2019

Download or read book World Development Report 2019 written by World Bank and published by World Bank Publications. This book was released on 2018-10-31 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report will study how the nature of work is changing as a result of advances in technology today. Technological progress disrupts existing systems. A new social contract is needed to smooth the transition and guard against rising inequality. Significant investments in human capital throughout a person’s lifecycle are vital to this effort. If workers are to stay competitive against machines they need to train or retool existing skills. A social protection system that includes a minimum basic level of protection for workers and citizens can complement new forms of employment. Improved private sector policies to encourage startup activity and competition can help countries compete in the digital age. Governments also need to ensure that firms pay their fair share of taxes, in part to fund this new social contract. The 2019 World Development Report presents an analysis of these issues based upon the available evidence.