Competition and Resource Sensitivity in Marriage and Roommate Markets

Details

Serval ID
serval:BIB_125DCAD5C8E1
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
Competition and Resource Sensitivity in Marriage and Roommate Markets
Journal
Games and Economic Behavior
Author(s)
Klaus B.
ISSN
0899-8256
Publication state
Published
Issued date
2011
Peer-reviewed
Oui
Volume
72
Number
1
Pages
172-186
Language
english
Abstract
We consider one-to-one matching markets in which agents can either be matched as pairs or remain single. In these so-called roommate markets agents are consumers and resources at the same time. We investigate two new properties that capture the effect newcomers have on incumbent agents. Competition sensitivity focuses on newcomers as additional consumers and requires that some incumbents will suffer if competition is caused by newcomers. Resource sensitivity focuses on newcomers as additional resources and requires that this is beneficial for some incumbents. For solvable roommate markets, we provide the first characterizations of the core using either competition or resource sensitivity. On the domain of all roommate markets, we obtain two associated impossibility results.
Keywords
Core, Matching, Competition sensitivity, Resource sensitivity, Roommate market
Web of science
Create date
17/06/2010 10:37
Last modification date
20/08/2019 13:40
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