Matching markets can be unstable when individuals prefer to be matched to a partner who also wants to be matched with … them. Through a pre-registered and theory-guided laboratory experiment, we provide evidence that such reciprocal … preferences exist, significantly decrease stability in matching markets, and are driven both by belief-based and preference …

paper, we introduce and formalize reciprocal preferences, apply them to matching markets, and analyze the implications for … acceptance mechanism can achieve stability. These results provide insights into non-standard preferences in matching markets, and …