000			01056nam a22001457a 4500
999			_c521749 _d521749
008			230224b ||||| |||| 00| 0 eng d
100			_aLeshno, Jacob D. _937438
245			_aDynamic matching in overloaded waiting lists
260			_aThe American Economic Review
300			_a112(12), Dec, 2022: p.3876-3910
520			_aThis paper introduces a stylized model to capture distinctive features of waiting list allocation mechanisms. First, agents choose among items with associated expected wait times. Waiting times serve a similar role to that of monetary prices in directing agents' choices and rationing items. Second, the expected wait for an item is endogenously determined and randomly fluctuates over time. We evaluate welfare under these endogenously determined waiting times and find that waiting time fluctuations lead to misallocation and welfare loss. A simple randomized assignment policy can reduce misallocation and increase welfare. – Reproduced
773			_aThe American Economic Review
906			_aECONOMICS
942			_cAR