Competition and Resource Sensitivity in Marriage and Roommate Markets

Bettina Klaus ()

No 09-072, Harvard Business School Working Papers from Harvard Business School

Abstract: We consider one-to-one matching markets in which agents can either be matched as pairs or remain single. In these so-called roommate markets agents are consumers and resources at the same time. We investigate two new properties that capture the effect a newcomer has on incumbent agents. Competition sensitivity focuses on the newcomer as additional consumer and requires that some incumbents will suffer if competition is caused by a newcomer. Resource sensitivity focuses on the newcomer as additional resource and requires that this is beneficial for some incumbents. For solvable roommate markets, we provide the first characterizations of the core using either competition or resource sensitivity. On the domain of all roommate markets, we obtain two associated impossibility results.

Keywords: Core; Matching; Competition Sensitivity; Resource Sensitivity; Roommate Market. (search for similar items in EconPapers)
JEL-codes: C78 D63 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2007-11, Revised 2008-12
New Economics Papers: this item is included in nep-gth
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.hbs.edu/research/pdf/09-072.pdf Revised version, 2008 (application/pdf)

Related works:
Journal Article: Competition and resource sensitivity in marriage and roommate markets (2011)
Working Paper: Competition and Resource Sensitivity in Marriage and Roommate Markets (2010)
Working Paper: Competition and resource sensitivity in marriage and roommate markets (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:hbs:wpaper:09-072

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