• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site
Menu

Article

Теория и практика двусторонних рынков (Нобелевская премия по экономике 2012 года)

Вопросы экономики. 2013. № 1. С. 4-26.
Железова Е. Б., Измалков С. Б., Сонин К. И., Хованская И. А.

The paper provides an overview of major results in the theory of two-sided markets that brought the 2012 Nobel Memorial Prize in economics to Lloyd Shapley and Alvin Roth. We describe the celebrated Gale & Shapley deferred acceptance algorithm and Shapley & Scarf top trading cycles algorithm in applications to marriage and college admissions markets, and provide simple examples to illustrate the basic mechanics of these algorithms. We also explain how Gale & Shapley algorithm can be used to improve efficiency of college admission in Russia.