We develop a one-to-one matching game where men and women (interns and employers, etc.) exert costly efforts to produce benefits for their partners. We prove the existence and Pareto optimality of interior stable allocations, and we characterize the relationship between players’ costs, efforts, benefits, and payoffs in such allocations. We find, for instance, that men and women with lower margi...

Consensus protocols inherently rely on the notion of leader election, in which one or a subset of participants are temporarily elected to authorize and announce the network’s latest state. While leader election is a well studied problem, the rise of distributed ledgers (i.e., blockchains) has led to a new perspective on how to perform large-scale leader elections via solving a computationally d...