Matching Market Design

Matching Market Design refers to the process of creating efficient systems for pairing participants in two-sided markets, where each side has distinct preferences. Examples include matching students to schools, doctors to patients, or workers to jobs. The goal is to ensure that each party finds an optimal match based on their preferences and needs. Effective design considers factors like fairness, stability, and maximizing overall satisfaction, often using algorithms to facilitate these pairings. By thoughtfully structuring these markets, we can improve outcomes for all participants involved.