THE ROOLE PLAYED BY THE WELL-BEHAVED MATCHINGS IN THE COALITION FORMATION PROCESS OF THE STABLE MATCHINGS FOR THE ROOMMATE MARKET
Marilda Sotomayor ()
No 2016_06, Working Papers, Department of Economics from University of São Paulo (FEA-USP)
Abstract:
We approach the roommate problem by focusing on well-behaved matchings, which are those individually rational matchings whose blocking pairs, if any, are formed with unmatched agents. We show that the set of stable matchings is non-empty if and only if no well-behaved and unstable matching is Pareto optimal among all well-behaved matchings. The economic intuition underlying this condition is that blocking can be done so that the transactions at any well-behaved and unstable matching need not be undone as agents reach the the set of stable matchings. We also give a sufficient condition on the preferences of the agents for the non-emptiness of the set of stable matchings. New properties of economic interest are proved
Keywords: Core; Stable matching; well-behaved matching; simple matching. (search for similar items in EconPapers)
JEL-codes: C78 D78 (search for similar items in EconPapers)
Date: 2016-03-14
New Economics Papers: this item is included in nep-gth, nep-hpe and nep-mic
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Citations: View citations in EconPapers (1)
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