Stochastic Stability for Roommate Markets

Détails

ID Serval
serval:BIB_DAC21F02F2E0
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Institution
Titre
Stochastic Stability for Roommate Markets
Périodique
Journal of Economic Theory
Auteur⸱e⸱s
Klaus B., Klijn F., Walzl M.
ISSN
0022-0531
Statut éditorial
Publié
Date de publication
11/2010
Peer-reviewed
Oui
Volume
145
Numéro
6
Pages
2218-2240
Langue
anglais
Résumé
We show that for any roommate market the set of stochastically stable matchings coincides with the set of absorbing matchings. This implies that whenever the core is non-empty (e.g., for marriage markets), a matching is in the core if and only if it is stochastically stable, i.e., stochastic stability is a characteristic of the core. Several solution concepts have been proposed to extend the core to all roommate markets (including those with an empty core). An important implication of our results is that the set of absorbing matchings is the only solution concept that is core consistent and shares the stochastic stability characteristic with the core.
Mots-clé
Core, (Pairwise) stability, Roommate markets, Stochastic stability
Web of science
Création de la notice
26/04/2010 15:05
Dernière modification de la notice
20/08/2019 15:59
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