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Matching mechanisms in theory and practice

Matching mechanisms in theory and practice PDF Author: Andreas Zweifel
Publisher: GRIN Verlag
ISBN: 3640579380
Category : Business & Economics
Languages : en
Pages : 88

Book Description
Bachelor Thesis from the year 2009 in the subject Economics - Other, grade: 5.0, University of Zurich (Sozialökonomisches Institut (SOI)), language: English, abstract: Matching is the part of economics that deals with the question of who gets what, e.g. who gets which jobs, who goes to which university, who receives which organ or who marries whom. During the second part of the last century, many markets have been discovered to have failed in providing the necessary conditions for efficient matches. These market failures have partly evolved on ethical or institutional grounds, but are more generally attributed to congestion or coordination problems caused by the inability of the market to make it safe for participants to act on their private information. For this reason, a variety of allocation mechanisms have been developed and subsequently tested in field and laboratory experiments for possible implementation in real-world applications. This work attempts at giving a condensed review of different matching mechanisms and the performance of algorithms that have been implemented for solving the problems in their respective environments. The theoretical properties of these mechanisms as described in the increasingly vast literature on matching design will be used as a benchmark to compare their relative performance in terms of overall efficiency. The results yield some basic insights in the varying success of the competing algorithms in practice, indicating that both the quality of theoretical predictions and the actual performance of the algorithms decrease with the complexity of market environments. In particular, they show that imperfections of markets such as information asymmetry and incentive problems can have far-reaching consequences with respect to the effective working of matching procedures.

Template Matching Techniques in Computer Vision

Template Matching Techniques in Computer Vision PDF Author: Roberto Brunelli
Publisher: John Wiley & Sons
ISBN: 9780470744048
Category : Science
Languages : en
Pages : 348

Book Description
The detection and recognition of objects in images is a key research topic in the computer vision community. Within this area, face recognition and interpretation has attracted increasing attention owing to the possibility of unveiling human perception mechanisms, and for the development of practical biometric systems. This book and the accompanying website, focus on template matching, a subset of object recognition techniques of wide applicability, which has proved to be particularly effective for face recognition applications. Using examples from face processing tasks throughout the book to illustrate more general object recognition approaches, Roberto Brunelli: examines the basics of digital image formation, highlighting points critical to the task of template matching; presents basic and advanced template matching techniques, targeting grey-level images, shapes and point sets; discusses recent pattern classification paradigms from a template matching perspective; illustrates the development of a real face recognition system; explores the use of advanced computer graphics techniques in the development of computer vision algorithms. Template Matching Techniques in Computer Vision is primarily aimed at practitioners working on the development of systems for effective object recognition such as biometrics, robot navigation, multimedia retrieval and landmark detection. It is also of interest to graduate students undertaking studies in these areas.

Two-Sided Matching

Two-Sided Matching PDF Author: Alvin E. Roth
Publisher: Cambridge University Press
ISBN: 1107782430
Category : Business & Economics
Languages : en
Pages : 288

Book Description
Two-sided matching provides a model of search processes such as those between firms and workers in labor markets or between buyers and sellers in auctions. This book gives a comprehensive account of recent results concerning the game-theoretic analysis of two-sided matching. The focus of the book is on the stability of outcomes, on the incentives that different rules of organization give to agents, and on the constraints that these incentives impose on the ways such markets can be organized. The results for this wide range of related models and matching situations help clarify which conclusions depend on particular modeling assumptions and market conditions, and which are robust over a wide range of conditions. 'This book chronicles one of the outstanding success stories of the theory of games, a story in which the authors have played a major role: the theory and practice of matching markets ... The authors are to be warmly congratulated for this fine piece of work, which is quite unique in the game-theoretic literature.' From the Foreword by Robert Aumann

Matching with Transfers

Matching with Transfers PDF Author: Pierre-André Chiappori
Publisher: Princeton University Press
ISBN: 0691203504
Category : Business & Economics
Languages : en
Pages : 262

Book Description
Over the past few decades, matching models, which use mathematical frameworks to analyze allocation mechanisms for heterogeneous products and individuals, have attracted renewed attention in both theoretical and applied economics. These models have been used in many contexts, from labor markets to organ donations, but recent work has tended to focus on "nontransferable" cases rather than matching models with transfers. In this important book, Pierre-André Chiappori fills a gap in the literature by presenting a clear and elegant overview of matching with transfers and provides a set of tools that enable the analysis of matching patterns in equilibrium, as well as a series of extensions. He then applies these tools to the field of family economics and shows how analysis of matching patterns and of the incentives thus generated can contribute to our understanding of long-term economic trends, including inequality and the demand for higher education.

Matching Mechanisms in Theory and Practice

Matching Mechanisms in Theory and Practice PDF Author: Andreas Zweifel
Publisher: GRIN Verlag
ISBN: 3640578899
Category : Business & Economics
Languages : en
Pages : 89

Book Description
Bachelor Thesis from the year 2009 in the subject Economics - Other, grade: 5.0, University of Zurich (Sozialökonomisches Institut (SOI)), language: English, abstract: Matching is the part of economics that deals with the question of who gets what, e.g. who gets which jobs, who goes to which university, who receives which organ or who marries whom. During the second part of the last century, many markets have been discovered to have failed in providing the necessary conditions for efficient matches. These market failures have partly evolved on ethical or institutional grounds, but are more generally attributed to congestion or coordination problems caused by the inability of the market to make it safe for participants to act on their private information. For this reason, a variety of allocation mechanisms have been developed and subsequently tested in field and laboratory experiments for possible implementation in real-world applications. This work attempts at giving a condensed review of different matching mechanisms and the performance of algorithms that have been implemented for solving the problems in their respective environments. The theoretical properties of these mechanisms as described in the increasingly vast literature on matching design will be used as a benchmark to compare their relative performance in terms of overall efficiency. The results yield some basic insights in the varying success of the competing algorithms in practice, indicating that both the quality of theoretical predictions and the actual performance of the algorithms decrease with the complexity of market environments. In particular, they show that imperfections of markets such as information asymmetry and incentive problems can have far-reaching consequences with respect to the effective working of matching procedures.

Statistical Matching

Statistical Matching PDF Author: Marcello D'Orazio
Publisher: John Wiley & Sons
ISBN: 0470023546
Category : Mathematics
Languages : en
Pages : 268

Book Description
There is more statistical data produced in today’s modern society than ever before. This data is analysed and cross-referenced for innumerable reasons. However, many data sets have no shared element and are harder to combine and therefore obtain any meaningful inference from. Statistical matching allows just that; it is the art of combining information from different sources (particularly sample surveys) that contain no common unit. In response to modern influxes of data, it is an area of rapidly growing interest and complexity. Statistical Matching: Theory and Practice introduces the basics of statistical matching, before going on to offer a detailed, up-to-date overview of the methods used and an examination of their practical applications. Presents a unified framework for both theoretical and practical aspects of statistical matching. Provides a detailed description covering all the steps needed to perform statistical matching. Contains a critical overview of the available statistical matching methods. Discusses all the major issues in detail, such as the Conditional Independence Assumption and the assessment of uncertainty. Includes numerous examples and applications, enabling the reader to apply the methods in their own work. Features an appendix detailing algorithms written in the R language. Statistical Matching: Theory and Practice presents a comprehensive exploration of an increasingly important area. Ideal for researchers in national statistics institutes and applied statisticians, it will also prove to be an invaluable text for scientists and researchers from all disciplines engaged in the multivariate analysis of data collected from different sources.

Advances in Economics and Econometrics: Volume 1, Economic Theory

Advances in Economics and Econometrics: Volume 1, Economic Theory PDF Author: Daron Acemoglu
Publisher: Cambridge University Press
ISBN: 1107717809
Category : Business & Economics
Languages : en
Pages : 511

Book Description
This is the first of three volumes containing edited versions of papers and commentaries presented at invited symposium sessions of the Tenth World Congress of the Econometric Society, held in Shanghai in August 2010. The papers summarize and interpret key developments in economics and econometrics and they discuss future directions for a wide variety of topics, covering both theory and application. Written by the leading specialists in their fields, these volumes provide a unique, accessible survey of progress on the discipline. The first volume primarily addresses economic theory, with specific focuses on nonstandard markets, contracts, decision theory, communication and organizations, epistemics and calibration, and patents.

Handbook of the Economics of Education

Handbook of the Economics of Education PDF Author:
Publisher: Elsevier
ISBN: 0323992412
Category : Business & Economics
Languages : en
Pages : 614

Book Description
The Handbook of the Economics of Education describes the research frontier in key topical areas and sets the agenda for further work. Modern analysis in the economics of education has made tremendous strides in understanding fundamental issues related to the production of human capital and the impact of varying institutional features of education systems. By bringing together some of the world's leading scholars, this volume provides a unique view of scholarship in the area. The international perspectives of the editors – Hanushek at Stanford, Machin at LSE, and Woessmann at Munich – leads to a volume with something for all researchers. Topics range from the economics of early childhood education to inequality in society to cash transfers in developing countries. - Identification and evaluation of the state of the art. - Clear descriptions of the meaning of existing research and the most likely avenues for the future - Insights into how policy interventions in education can help or hurt human capital outcomes

Advances in Economics and Econometrics

Advances in Economics and Econometrics PDF Author: Econometric Society. World Congress
Publisher: Cambridge University Press
ISBN: 1107016045
Category : Business & Economics
Languages : en
Pages : 511

Book Description
The first volume of edited papers from the Tenth World Congress of the Econometric Society 2010.

Incentives and Two-Sided Matching - Engineering Coordination Mechanisms for Social Clouds

Incentives and Two-Sided Matching - Engineering Coordination Mechanisms for Social Clouds PDF Author: Haas, Christian
Publisher: KIT Scientific Publishing
ISBN: 3731502372
Category : Business & Economics
Languages : en
Pages : 308

Book Description
The Social Cloud framework leverages existing relationships between members of a social network for the exchange of resources. This thesis focuses on the design of coordination mechanisms to address two challenges in this scenario. In the first part, user participation incentives are studied. In the second part, heuristics for two-sided matching-based resource allocation are designed and evaluated.

Trends in Artificial Intelligence Theory and Applications. Artificial Intelligence Practices

Trends in Artificial Intelligence Theory and Applications. Artificial Intelligence Practices PDF Author: Hamido Fujita
Publisher: Springer Nature
ISBN: 3030557898
Category : Computers
Languages : en
Pages : 931

Book Description
This book constitutes the thoroughly refereed proceedings of the 33rd International Conference on Industrial, Engineering and Other Applications of Applied Intelligent Systems, IEA/AIE 2020, held in Kitakyushu, Japan, in September 2020. The 62 full papers and 17 short papers presented were carefully reviewed and selected from 119 submissions. The IEA/AIE 2020 conference will continue the tradition of emphasizing on applications of applied intelligent systems to solve real-life problems in all areas. These areas include are language processing; robotics and drones; knowledge based systems; innovative applications of intelligent systems; industrial applications; networking applications; social network analysis; financial applications and blockchain; medical and health-related applications; anomaly detection and automated diagnosis; decision-support and agent-based systems; multimedia applications; machine learning; data management and data clustering; pattern mining; system control, classification, and fault diagnosis.