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We study employment by lotto (Aldershof et al., 1999), a matching algorithm for the so-called stable marriage problem. We complement Aldershof et al.'s analysis in two ways. First, we give an alternative and intuitive description of employment by lotto. Second, we disprove Aldershof et al.'s...
Persistent link: https://www.econbiz.de/10005247860
For the many-to-one matching model in which firms have substitutable and quota q-separable preferences over subsets of workers we show that the workers-optimal stable mechanism is group strategy-proof for the workers. In order to prove this result, we also show that under this domain of...
Persistent link: https://www.econbiz.de/10005247863
set of different objets instead of only one indivisible object. We propose definitions of pairwise stability and group … stability that are adapted to our framework. Existence of both pairwise and group stable outcomes is proved. We study the …
Persistent link: https://www.econbiz.de/10005823865
satisfies nice properties of internal and external stability. Though in many contexts and for some preference profiles there may … be no Condorcet winners, we study the extent to which stability can be made compatible with the requirement of choosing …
Persistent link: https://www.econbiz.de/10005823975
fixed number of schools to be acceptable. We focus on the stability and efficiency of the Nash equilibrium outcomes. Our … main results identify rather stringent necessary and sufficient conditions on the priorities to guarantee stability or …
Persistent link: https://www.econbiz.de/10005823987
result persists even when a weaker stability notion is used that excludes myopic blocking. Moreover, we show that even if …
Persistent link: https://www.econbiz.de/10005168440
stability for decentralized singles markets. Furthermore, we show that when stable matchings exist, but preferences are not …
Persistent link: https://www.econbiz.de/10005582635
incompatible concepts of stability (represented by the political economist Adam Smith) and fairness (represented by the political …
Persistent link: https://www.econbiz.de/10005582679
We motivate procedural fairness for matching mechanisms and study two procedurally fair and stable mechanisms: employment by lotto (Aldershof et al., 1999) and the random order mechanism (Roth and Vande Vate, 1990, Ma, 1996). For both mechanisms we give various examples of probability...
Persistent link: https://www.econbiz.de/10005582714
We study the problem of a society choosing a subset of new members from a finite set of candidates (as in Barber?Sonnenschein, and Zhou, 1991). However, we explicitly consider the possibility that initial members of the society (founders) may want to leave it if they do not like the resulting...
Persistent link: https://www.econbiz.de/10005582717