Strategic complementarities and unraveling in matching markets
从战略互补和提前匹配的角度,解释了匹配市场中低效的提前匹配现象,指出早期出价会对市场其他参与者产生负外部性,导致各方因担心他人提前出价而纷纷提前行动。
We present a theoretical explanation of inefficient early matching in matching markets. Our explanation is based on strategic complementarities and strategic unraveling. We identify a negative externality imposed on the rest of the market by agents who make early offers. As a consequence, an agent may make an early offer because she is concerned that others are making early offers. Yet other agents make early offers because they are concerned that others worry about early offers, and so on and so forth. The end result is that any given agent is more likely to make an early offer than a late offer.