economics of matching

Economics of matching refers to how individuals or groups are paired based on preferences and available options, such as students and schools or job seekers and employers. It studies how to optimize these pairings so that both sides benefit and resources are used efficiently. Factors like ranking preferences, capacity constraints, and strategic choices influence the outcome. Effective matching ensures better satisfaction for participants and helps allocate resources or opportunities fairly. This field combines economic theory and algorithms to design systems that achieve optimal or stable matchings in various real-world applications.