"Fair marriages": An impossibility

Bettina Klaus ()

Economics Letters, 2009, vol. 105, issue 1, pages 74-75

Abstract: For marriage markets [Gale, D. and Shapley, L.S., 1962, College admissions and the stability of marriage, American Mathematical Monthly 69, 9-15.] so-called fair matchings do not always exist. We show that restoring fairness by using monetary transfers is not always possible: there are marriage markets where no amount of money can guarantee the existence of a fair allocation.

Keywords: Efficiency; Fairness; Marriage; markets; Envy-freeness (search for similar items in EconPapers)
Date: 2009

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Working Paper: "Fair Marriages:" An Impossibility (2008)
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Persistent link: http://EconPapers.repec.org/RePEc:eee:ecolet:v:105:y:2009:i:1:p:74-75

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