Decentralized job matching empowers workers, disrupts traditional hiring.
The article explores a decentralized job matching model where companies offer jobs to workers one by one, and workers decide which offer to accept. The game ends when all companies are matched with a worker or have made unsuccessful offers. The study finds that there is a unique best outcome for workers, where companies should make offers in order of their preferences. When workers choose simultaneously, any stable job match can happen, but sometimes an unstable match can occur.