Model Perspective
Dec 17, 2025 · Fundamentals
How Matching Theory Shapes College Admissions, Residency, and Kidney Exchanges
Matching markets, where participants mutually select each other, underpin decisions from college admissions to medical residencies and kidney exchanges; the article explains their core principles, the Gale‑Shapley deferred acceptance algorithm, key theorems on stability and optimality, and real‑world applications that illustrate why honest preferences are strategically dominant.
algorithm designdeferred acceptancekidney exchange
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