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A class of multipartner matching markets with a strong lattice structure

Author

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  • Ahmet Alkan

    (Sabanci University, 81474 Tuzla, Istanbul, TURKEY)

Abstract

For a two-sided multipartner matching model where agents are given by path-independent choice functions and no quota restrictions, Blair [7] had shown that stable matchings always exist and form a lattice. However, the lattice operations were not simple and not distributive. Recently Alkan [3] showed that if one introduces quotas together with a monotonicity condition then the set of stable matchings is a distributive lattice under a natural definition of supremum and infimum for matchings. In this study we show that the quota restriction can be removed and replaced by a more general condition named cardinal monotonicity and all the structural properties derived in [3] still hold. In particular, although there are no exogenous quotas in the model there is endogenously a sort of quota; more precisely, each agent has the same number of partners in every stable matching. Stable matchings also have the polarity property (supremum with respect to one side is identical to infimum with respect to the other side) and a property we call {\it complementarity}.

Suggested Citation

  • Ahmet Alkan, 2002. "A class of multipartner matching markets with a strong lattice structure," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 19(4), pages 737-746.
  • Handle: RePEc:spr:joecth:v:19:y:2002:i:4:p:737-746
    Note: Received: May 5, 2000; revised version: January 25, 2001
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    More about this item

    Keywords

    Stable matchings; Revealed preference; Path independent choice function; Lattice; Two-sided market.;
    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
    • D49 - Microeconomics - - Market Structure, Pricing, and Design - - - Other

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