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Exchange-proofness or divorce-proofness? Stability in one-sided matching markets

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  • José Alcalde

Abstract

Two stability concepts for one-sided matching markets are analyzed: Gale- Chapley stability and S-stability. The first one applies best to markets were no status quo allocation is considered, whereas the second one is a solution to be used when property rights are allowed. A common problem of existence is shared by both solution concepts. Hence, we study economic environments where this problem does not exist, and present a family of agents' preferences for which existence is guaranteed for both Gale-Shapley stable and t-stable outcomes.
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  • José Alcalde, 1994. "Exchange-proofness or divorce-proofness? Stability in one-sided matching markets," Review of Economic Design, Springer;Society for Economic Design, vol. 1(1), pages 275-287, December.
    • Handle: RePEc:spr:reecde:v:1:y:1994:i:1:p:275-287
    DOI: 10.1007/BF02716626
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    More about this item

    Keywords

    C78; D71; Matching markets; Roommate problem; Stability;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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