Evolution and Rawlsian social choice in matching

Ennio Bilancini, Leonardo Boncinelli and Jonathan Newton

Games and Economic Behavior, 2020, vol. 123, issue C, 68-80

Abstract: This paper considers the marriage problem under dynamic rematching. It is shown that if players who obtain higher payoffs are less likely to experiment with non-best response behavior, then matchings selected in the long run will belong to the set of Rawlsian stable matchings – the set of stable matchings which maximize the payoff of the worst off player. Conversely, alternative behavioral rules will fail to select Rawlsian stable matchings in some environments. This constitutes an evolutionary axiomatization of Rawlsian stable matchings in terms of the behavioral rules that give rise to them.

Keywords: Evolution; Stochastic stability; Matching; Rawlsian (search for similar items in EconPapers)
JEL-codes: C71 C72 C73 C78 D71 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:123:y:2020:i:c:p:68-80

DOI: 10.1016/j.geb.2020.06.004

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