Volume 15, Issue 4 (2016)                   QJER 2016, 15(4): 173-192 | Back to browse issues page

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Ebadi J, Abdoli G, Hadadmoghadam M. The Theory of Market Design and its Application in Iran’s Public Sector Medical Labor Market. QJER 2016; 15 (4) :173-192
URL: http://ecor.modares.ac.ir/article-18-11513-en.html
The Theory of Market Design and its Application in Iran’s Public Sector Medical Labor Market
Jafar Ebadi * 1, Ghahramn Abdoli1 , Malihe Hadadmoghadam2
1- Associate Professor of Economics, Faculty of Economics, University of Tehran
2- Ph. D. Candidate of Economics, Faculty of Economics, University of Tehran
Abstract:   (7127 Views)
The various types of unemployment have been key subjects of economics from the past periods. Sometimes, unemployment is the result of improper distribution of labor force. According to the statistical data, medical labor market in Iran is faced with such a problem. The density of medical labor in metropolitan areas is high. As a result, this market is of supply surplus. On the other hand, Iran’s towns and suburbs experience demand surplus. This type of unemployment indicates a kind of market failure, which needs to design a market as a solution. Market design as a subset of game theory requires developing through collaborative efforts of a wide range of specialists. In this article, we analyze medical labor market using the matching theory as a subset of market design. This theory is a main subset of market design theory. We apply a hypothetical market; provide a model and present suggestions to amend the medical labor market in Iran.  
Keywords: Medical labor, Market design, Matching theory, game theory
Full-Text [PDF 330 kb]   (4766 Downloads)    
Article Type: Research Paper | Subject: C70 - General|C78 - Bargaining Theory; Matching Theory|C79 - Other
Received: 2013/03/5 | Revised: 2016/02/3 | Accepted: 2014/01/1 | Published: 2016/01/21
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