Stability and Nash Implementation in Matching Markets with Couples

Details

Serval ID
serval:BIB_A26775B423F5
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
Stability and Nash Implementation in Matching Markets with Couples
Journal
Theory and Decision
Author(s)
Haake C.-J., Klaus B.
ISSN
0040-5833
Publication state
Published
Issued date
2010
Peer-reviewed
Oui
Volume
69
Number
4
Pages
537-554
Language
english
Abstract
We consider two-sided matching markets with couples. First, we extend a result by Klaus and Klijn (J Econ Theory 21: 75-106, 2005, Theorem 3.3) and show that for any weakly responsive couples market, there always exists a "double stable" matching, i.e., a matching that is stable for the couples market and for any associated singles market. Second, we show that for weakly responsive couples markets, the associated stable correspondence is (Maskin) monotonic and Nash implementable. In contrast, the correspondence that assigns all double stable matchings is neither monotonic nor Nash implementable.
Keywords
Matching with couples, (Maskin) Monotonicity, Nash implementation, Stability, Weakly responsive preferences
Web of science
Create date
16/03/2010 11:50
Last modification date
20/08/2019 16:08
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