IDEAS home Printed from https://ideas.repec.org/a/eee/gamebe/v113y2019icp248-261.html
   My bibliography  Save this article

Solving Becker's assortative assignments and extensions

Author

Listed:
  • Martínez-de-Albéniz, F. Javier
  • Rafels, Carlos
  • Ybern, Neus

Abstract

We analyze assortative assignment games, introduced in Becker (1973) and Eriksson et al. (2000). We study the extreme core points and show an easy way to compute them. We find a natural solution for these games. It coincides with several well-known point solutions, the median stable utility solution (Schwarz and Yenmez, 2011) and the nucleolus (Schmeidler, 1969). We also analyze the behavior of the Shapley value. We finish with some extensions, where some hypotheses are relaxed.

Suggested Citation

  • Martínez-de-Albéniz, F. Javier & Rafels, Carlos & Ybern, Neus, 2019. "Solving Becker's assortative assignments and extensions," Games and Economic Behavior, Elsevier, vol. 113(C), pages 248-261.
    • Handle: RePEc:eee:gamebe:v:113:y:2019:i:c:p:248-261
    DOI: 10.1016/j.geb.2018.09.005
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0899825618301477
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.geb.2018.09.005?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Maike Hoffmann & Peter Sudhölter, 2007. "The Shapley value of exact assignment games," International Journal of Game Theory, Springer;Game Theory Society, vol. 35(4), pages 557-568, April.
    2. SCHMEIDLER, David, 1969. "The nucleolus of a characteristic function game," LIDAM Reprints CORE 44, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    3. Chen, Peter & Egesdal, Michael & Pycia, Marek & Yenmez, M. Bumin, 2016. "Median stable matchings in two-sided markets," Games and Economic Behavior, Elsevier, vol. 97(C), pages 64-69.
    4. Schwarz, Michael & Yenmez, M. Bumin, 2011. "Median stable matching for markets with wages," Journal of Economic Theory, Elsevier, vol. 146(2), pages 619-637, March.
    5. Francesc Llerena & Marina Nunez, 2011. "A geometric characterization of the nucleolus of the assignment game," Economics Bulletin, AccessEcon, vol. 31(4), pages 3275-3285.
    6. Katerina Sherstyuk, 1999. "Multisided matching games with complementarities," International Journal of Game Theory, Springer;Game Theory Society, vol. 28(4), pages 489-509.
    7. Martínez-de-Albéniz, F. Javier & Núñez, Marina & Rafels, Carles, 2011. "Assignment markets with the same core," Games and Economic Behavior, Elsevier, vol. 73(2), pages 553-563.
    8. Hamers, H.J.M. & Klijn, F. & Solymosi, T. & Tijs, S.H. & Pere Villar, J., 2002. "Assignment games satisfy the CoMa property," Other publications TiSEM da67df69-7b64-4f98-ba8a-8, Tilburg University, School of Economics and Management.
    9. Kelso, Alexander S, Jr & Crawford, Vincent P, 1982. "Job Matching, Coalition Formation, and Gross Substitutes," Econometrica, Econometric Society, vol. 50(6), pages 1483-1504, November.
    10. T. E. S. Raghavan & Tamás Solymosi, 2001. "Assignment games with stable core," International Journal of Game Theory, Springer;Game Theory Society, vol. 30(2), pages 177-185.
    11. Núñez, Marina & Rafels, Carles, 2008. "On the dimension of the core of the assignment game," Games and Economic Behavior, Elsevier, vol. 64(1), pages 290-302, September.
    12. Becker, Gary S, 1973. "A Theory of Marriage: Part I," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 813-846, July-Aug..
    13. Hamers, Herbert & Klijn, Flip & Solymosi, Tamas & Tijs, Stef & Pere Villar, Joan, 2002. "Assignment Games Satisfy the CoMa-Property," Games and Economic Behavior, Elsevier, vol. 38(2), pages 231-239, February.
    14. Eriksson, Kimmo & Karlander, Johan & Oller, Lars-Erik, 2000. "Becker's assortative assignments: stability and fairness," Mathematical Social Sciences, Elsevier, vol. 39(2), pages 109-118, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Martínez-de-Albéniz, F. Javier & Rafels, Carlos & Ybern, Neus, 2020. "Assortative multisided assignment games: The extreme core points," Games and Economic Behavior, Elsevier, vol. 120(C), pages 144-153.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. F. Javier Martínez-de-Albéniz & Carlos Rafels & Neus Ybern, 2018. "Solving Becker's assortative assignments and extensions," UB School of Economics Working Papers 2018/376, University of Barcelona School of Economics.
    2. R. Branzei & E. Gutiérrez & N. Llorca & J. Sánchez-Soriano, 2021. "Does it make sense to analyse a two-sided market as a multi-choice game?," Annals of Operations Research, Springer, vol. 301(1), pages 17-40, June.
    3. Martínez-de-Albéniz, F. Javier & Núñez, Marina & Rafels, Carles, 2011. "Assignment markets with the same core," Games and Economic Behavior, Elsevier, vol. 73(2), pages 553-563.
    4. Martínez-de-Albéniz, F. Javier & Rafels, Carlos & Ybern, Neus, 2020. "Assortative multisided assignment games: The extreme core points," Games and Economic Behavior, Elsevier, vol. 120(C), pages 144-153.
    5. Marina Núñez & Tamás Solymosi, 2017. "Lexicographic allocations and extreme core payoffs: the case of assignment games," Annals of Operations Research, Springer, vol. 254(1), pages 211-234, July.
    6. Oriol Tejada, 2013. "Analysis of the core of multisided Böhm-Bawerk assignment markets," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 21(1), pages 189-205, April.
    7. Núñez, Marina & Rafels, Carles, 2009. "A glove-market partitioned matrix related to the assignment game," Games and Economic Behavior, Elsevier, vol. 67(2), pages 598-610, November.
    8. Trudeau, Christian, 2018. "From the bankruptcy problem and its Concede-and-Divide solution to the assignment problem and its Fair Division solution," Games and Economic Behavior, Elsevier, vol. 108(C), pages 225-238.
    9. Bolle, Friedel & Breitmoser, Yves & Otto, Philipp E., 2011. "A positive theory of cooperative games: The logit core and its variants," MPRA Paper 32918, University Library of Munich, Germany.
    10. Nunez, Marina & Rafels, Carles, 2003. "Characterization of the extreme core allocations of the assignment game," Games and Economic Behavior, Elsevier, vol. 44(2), pages 311-331, August.
    11. P.Delle Site & André de Palma & Samarth Ghoslya, 2024. "Matching and fair pricing of socially optimal, stable and financially sustainable ride-sharing in congestible networks," THEMA Working Papers 2024-06, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    12. Francesc Llerena & Marina Núñez & Carles Rafels, 2015. "An axiomatization of the nucleolus of assignment markets," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(1), pages 1-15, February.
    13. Hamers, Herbert & Klijn, Flip & Solymosi, Tamas & Tijs, Stef & Vermeulen, Dries, 2003. "On the nucleolus of neighbor games," European Journal of Operational Research, Elsevier, vol. 146(1), pages 1-18, April.
    14. Francesc Llerena (Universitat Rovira i Virgili - CREIP) & Marina Nunez (Universitat de Barcelona) & Carles Rafels (Universitat de Barcelona), 2012. "An axiomatization of the nucleolus of the assignment game," Working Papers in Economics 286, Universitat de Barcelona. Espai de Recerca en Economia.
    15. Josep Izquierdo & Marina Núñez & Carles Rafels, 2007. "A simple procedure to obtain the extreme core allocations of an assignment market," International Journal of Game Theory, Springer;Game Theory Society, vol. 36(1), pages 17-26, September.
    16. He, Simin & Wu, Jiabin & Zhang, Hanzhe, 2021. "Experimental and Noncooperative Analyses of Decentralized Matching with Transfers," Working Papers 2021-2, Michigan State University, Department of Economics.
    17. Oriol Tejada & Marina Núñez, 2012. "The nucleolus and the core-center of multi-sided Böhm-Bawerk assignment markets," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 75(2), pages 199-220, April.
    18. Peter Chen & Michael Egesdal & Marek Pycia & M. Bumin Yenmez, 2021. "Quantile Stable Mechanisms," Games, MDPI, vol. 12(2), pages 1-9, May.
    19. Drechsel, J. & Kimms, A., 2010. "Computing core allocations in cooperative games with an application to cooperative procurement," International Journal of Production Economics, Elsevier, vol. 128(1), pages 310-321, November.
    20. Ahmet Alkan & Alparslan Tuncay, 2014. "Pairing Games and Markets," Working Papers 2014.48, Fondazione Eni Enrico Mattei.

    More about this item

    Keywords

    Assortative market; Assignment game; Core; Nucleolus;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:gamebe:v:113:y:2019:i:c:p:248-261. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622836 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.