Impossibility of Stable and Non-damaging bossy Matching Mechanism

Taisuke Matsubae ()
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Taisuke Matsubae: Competition Policy Research Center, Japan Fair Trade Commission

Economics Bulletin, 2010, vol. 30, issue 3, 2092-2096

Abstract: In this paper we prove the impossibility of stability rules that satisfy a concept weaker than nonbossiness. Stability and nonbossiness are essential to matching theory. However, Kojima Fuhito(2010) shows that a matching mechanism that is both stable and nonbossy dose not exist. We define a new concept that is weaker than nonbossiness and consider whether or not stability and the new concept are compatible. Unfortunately, we show that these properties are incompatible.

Keywords: matching; stability; non-damaging bossy; impossibility theorem. (search for similar items in EconPapers)
JEL-codes: C7 D6 (search for similar items in EconPapers)
Date: 2010-08-12
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Citations: View citations in EconPapers (2)

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