On symmetry in the formation of stable partnerships

Jens Gudmundsson

No 2011:29, Working Papers from Lund University, Department of Economics

Abstract: In this note, we examine the connection between the roommate model and the partnership formation model (Talman and Yang, 2011, Journal of Mathematical Economics 47, 206-212). Upon noting that both occasionally lack equilibria we look at the stable partnerships model, a combination of the former models and interpretable as one with a social planner. We find two sufficient conditions for the existence of stable matchings in the stable partnerships model, where one relates to efficiency, and one (the symmetry condition) to fairness. Finally, we provide examples from the fair sharing literature on dividing common values that satisfy the symmetry condition.

Keywords: One-sided matching; partnership formation; symmetry condition; stability (search for similar items in EconPapers)
JEL-codes: C62 D02 D60 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2011-09-30
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 (1)

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Persistent link: https://EconPapers.repec.org/RePEc:hhs:lunewp:2011_029

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