Bilateral Matching with Latin Squares

16 Pages Posted: 23 Dec 2014

See all articles by Charalambos D. Aliprantis

Charalambos D. Aliprantis

Purdue University - Krannert School of Management

Gabriele Camera

Chapman University - Economic Science Institute; University of Bologna - Dept. of Economics

Daniela Puzzello

Indiana University Bloomington - Department of Economics

Date Written: December 22, 2014

Abstract

We develop a general procedure to construct pairwise meeting processes characterized by two features. First, in each period the process maximizes the number of matches in the population. Second, over time agents meet everybody else exactly once. We call this type of meetings “absolute strangers.” Our methodological contribution to economics is to offer a simple procedure to construct a type of decentralized trading environments usually employed in both theoretical and experimental economics. In particular, we demonstrate how to make use of the mathematics of Latin Squares to enrich the modeling of matching economies.

Keywords: Latin squares, Matching models, Spatial interactions

JEL Classification: C00, C78, D83, E00

Suggested Citation

Aliprantis, Charalambos D. and Camera, Gabriele and Puzzello, Daniela, Bilateral Matching with Latin Squares (December 22, 2014). Available at SSRN: https://ssrn.com/abstract=2541967 or http://dx.doi.org/10.2139/ssrn.2541967

Charalambos D. Aliprantis

Purdue University - Krannert School of Management ( email )

1310 Krannert Building
West Lafayette, IN 47907-1310
United States

Gabriele Camera (Contact Author)

Chapman University - Economic Science Institute ( email )

Orange, CA 92866
United States

HOME PAGE: http://www1.chapman.edu/~camera/

University of Bologna - Dept. of Economics ( email )

Strada Maggiore 45
Bologna, 40125
Italy

Daniela Puzzello

Indiana University Bloomington - Department of Economics ( email )

Wylie Hall
Bloomington, IN 47405-6620
United States

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