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Vol. 72, No. 2, pp. 159-168 (2021)

“Matching with Contracts: Theory and Applications”
Yusuke Kasuya (Kobe University), Daisuke Hirata (Graduate School of Economics/Faculty of Economics, Hitotsubashi University)

We briefly overview the theory and applications of "matching with contracts" model. First, we introduce the baseline model and the cumulative offer mechanism, which has played a major role in the literature. Second, we present their application to real-world matching problems. Lastly, we discuss the “structure-free” approach to identify properties of a good mechanism, independently of its algorithmic details.