Paths to stability for matching markets with couples

被引:41
作者
Klaus, Bettina
Klijn, Flip
机构
[1] CSIC, Inst Anal Econ, Bellaterra 08193, Barcelona, Spain
[2] Maastricht Univ, Dept Econ, NL-6200 MD Maastricht, Netherlands
关键词
matching; couples; stability; random paths; responsiveness;
D O I
10.1016/j.geb.2006.03.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study two-sided matching markets with couples and show that for a natural preference domain for couples, the domain of weakly responsive preferences, stable outcomes can always be reached by means of decentralized decision making. Starting from an arbitrary matching, we construct a path of matchings obtained from 'satisfying' blocking coalitions that yields a stable matching. Hence, we establish a generalization of Roth and Vande Vale's [Roth, A.E., Vande Vate, J.H., 1990. Random paths to stability in two-sided matching. Econometrica 58, 1475-1480] result on path convergence to stability for decentralized singles markets. Furthermore, we show that when stable matchings exist, but preferences are not weakly responsive, for some initial matchings there may not exist any path obtained from 'satisfying' blocking coalitions that yields a stable matching. (c) 2006 Elsevier Inc. All rights reserved.
引用
收藏
页码:154 / 171
页数:18
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