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We correct an omission in the definition of our domain of weakly responsive preferences introduced in Klaus and Klijn (2005) or KK05 for short. The proof of the existence of stable matchings (KK05, Theorem 3.3) and a maximal domain result (KK05, Theorem 3.5) are adjusted accordingly.
Persistent link: https://www.econbiz.de/10010851319
We give a simple and concise proof that so-called generalized median stable matchings are well-defined for college admissions problems. Furthermore, we discuss the fairness properties of median stable matchings and conclude with two illustrative examples of college admissions markets, the...
Persistent link: https://www.econbiz.de/10010851408
A multiple-partners assignment game with heterogeneous sells and multi-unit demands consists of a set of sellers that own a given number of indivisible units of (potentially many different) goods and a set of buyers who value those units and want to buy at most an exogenously fixed number of...
Persistent link: https://www.econbiz.de/10010851453
our hypothesis by comparing measures of innovativeness. Based on matching (selectivity on observable covariates) in a …
Persistent link: https://www.econbiz.de/10010957731
matching technology and the prevailing surplus sharing rule. The model can be solved for the equilibrium submission fee, desk …
Persistent link: https://www.econbiz.de/10010930229
Couples looking for jobs in the same labor market may cause instabilities. We determine a natural preference domain, the domain of weakly responsive preferences, that guarantees stability. Under a restricted unemployment aversion condition we show that this domain is maximal for the existence of...
Persistent link: https://www.econbiz.de/10010547122
In this note we study the National Resident Matching Program (NRMP) algorithm in the US market for physicians. We …. Roth and Peranson, 1999). First, we show that the new NRMP algorithm may not find an existing stable matching, even when …
Persistent link: https://www.econbiz.de/10010547404
We consider the general many-to-one matching model with ordinal preferences and give a procedure to partition the set … matching mechanisms; moreover, this reduction is maximal. …
Persistent link: https://www.econbiz.de/10010547423
We study two-sided matching markets with couples and show that for a natural preference domain for couples, the domain …. Starting from an arbitrary matching, we construct a path of matchings obtained from 'satisfying' blocking coalitions that … yields a stable matching. Hence, we establish a generalization of Roth and Vande Vate's (1990) result on path convergence to …
Persistent link: https://www.econbiz.de/10010547436
. This effect may make the market less efficient than random matching. We show that the rst best can be achieved using either …
Persistent link: https://www.econbiz.de/10010547464