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Suppose that the agents of a matching market contact each other randomly and form new pairs if is in their interest. Does such a process always converge to a stable matching if one exists? If so, how quickly? Are some stable matchings more likely to be obtained by this process than others? In...
Persistent link: https://www.econbiz.de/10009366300
This survey deals with two-sided matching markets where one set of agents (workers/residents) has to be matched with another set of agents (firms/hospitals). We first give a short overview of a selection of classical results. Then, we review recent contributions to a complex and representative...
Persistent link: https://www.econbiz.de/10009366301
In this paper we investigate some new applications of Scarf's Lemma. First, we introduce the notion of fractional core for NTU-games, which is always nonempty by the Lemma. Stable allocation is a general solution concept for games where both the players and their possible cooperations can have...
Persistent link: https://www.econbiz.de/10010693804
A common feature of the Hungarian, Irish, Spanish and Turkish higher education admission systems is that the students apply for programmes and they are ranked according to their scores. Students who apply for a programme with the same score are in a tie. Ties are broken by lottery in Ireland, by...
Persistent link: https://www.econbiz.de/10010699535
Scarf's algorithm [18] provides fractional core elements for NTU-games. Bir¢ and Fleiner [3] showed that Scarf's algorithm can be extended for capacitated NTU-games. In this setting agents can be involved in more than one coalition at a time, cooperations may be performed with different...
Persistent link: https://www.econbiz.de/10010699540
In this paper we analyze the consequences of the fairness recommendation of the Venice Commission in allocating voting districts among larger administrative regions. This recommendation requires the size of any constituency not to differ from the average constituency size by more than a fixed...
Persistent link: https://www.econbiz.de/10010705546
The stable roommates problem with payments has as input a graph G(E,V) with an edge weighting w:E_ùR+ and the problem is to find a stable solution. A solution is a matching M with a vector p.RV that satisfies pu+pv=w(uv) for all uv.M and pu=0 for all u unmatched in M. A solution is stable if it...
Persistent link: https://www.econbiz.de/10011070719
A matching game is a cooperative game (N; v) defined on a graph G = (N;E) with an edge weighting w : E ! R+. The player set is N and the value of a coalition S N is dened as the maximum weight of a matching in the subgraph induced by S. First we present an O(nm+n2 log n) algorithm that tests if...
Persistent link: https://www.econbiz.de/10010551502