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Subjective Homophily and the Fixtures Problem

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  • Joseph E. Duggan

    (Department of Economics and Finance, University of Dayton, 300 College Park, Dayton, OH 45469-2251, USA)

Abstract

The Stable Fixtures problem (Irving and Scott (2007)) is a generalized matching model that nests the well-known Stable Roommates, Stable Marriage, and College Admissions problems as special cases. This paper extends a result of the Stable Roommates problem to demonstrate that a class of homophilic preferences with an appealing psychological interpretation is sufficient to ensure that starting from an arbitrary matching, a decentralized process of allowing the sequential matching of randomly chosen blocking pairs will converge to a pairwise-stable matching with probability one. Strategic implications of this class of preferences are examined and further possible generalizations and directions for future research are discussed.

Suggested Citation

  • Joseph E. Duggan, 2020. "Subjective Homophily and the Fixtures Problem," Games, MDPI, vol. 11(1), pages 1-13, February.
  • Handle: RePEc:gam:jgames:v:11:y:2020:i:1:p:11-:d:319929
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    References listed on IDEAS

    as
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