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The Importance of Medical Residency Matching in the Labor Market
In 1995, Al Roth was asked to help write an algorithm that could fix these problems. The algorithm worked well and it now matches about 40,000 applicants each year. Why is the medical residency matching program relatively successful? Because just about everyone becomes available at the same time when they graduate from medical school. That's hard to do if you're thinking about being a chef or an auto mechanic.