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Chapter 17-Matching, Allocation, and Exchange of Discrete Resources

2010

Abstract

We present a survey of the emerging literature on the design of matching markets. We survey the articles on discrete resource allocation problems, their solutions, and their applications in three related domains. The first domain gives the theoretical background regarding the basic models, namely “house allocation and exchange” problems. First, we investigate the allocation and exchange problems separately, and then we combine them to present a real-life application: on-campus housing at universities. As the second application domain, we extend the basic allocation and exchange models to the “kidney exchange” problem and present new theory and applications regarding this problem. We present proposed and adopted mechanisms that take very specific institutional details into account. Then, we present the school admissions problem in three subcategories: the “college admissions” model where both schools and students are strategic agents, the “school placement” model where only students ...