Protective Behaviour in Matching Models
AbstractThis paper analyzes the use of a version of lexical maximim strategies, called protective behavior, in two-sided matching models. It restricts attention to mechanisms which produce stable matchings, that is, matchings which are individually rational and pairwise optimal. The main results of the paper show that truth-telling is the unique form of protective behavior in two such mechanisms. The first is the one which selects the student-optimal stable matching in the college-admissions model, while the second is the mechanism which selects the buyer-optimal matching in the Shapley-Shubik assignment model. Journal of Economic Literature Classification Numbers: C78, D81.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) in its series UFAE and IAE Working Papers with number 157.91.
Length: 32 pages
Date of creation: 1991
Date of revision:
game theory ; market ; microeconomics ; economic equilibrium;
Other versions of this item:
- C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Barbera, Salvador & Pattanaik, Prasanta K., 1984. "Extending an order on a Set to the power set: Some remarks on Kannai and Peleg's approach," Journal of Economic Theory, Elsevier, vol. 32(1), pages 185-191, February.
- Kannai, Yakar & Peleg, Bezalel, 1984. "A note on the extension of an order on a set to the power set," Journal of Economic Theory, Elsevier, vol. 32(1), pages 172-175, February.
- Roth, Alvin E., 1989. "Two-sided matching with incomplete information about others' preferences," Games and Economic Behavior, Elsevier, vol. 1(2), pages 191-209, June.
- Roth, Alvin E., 1985. "The college admissions problem is not equivalent to the marriage problem," Journal of Economic Theory, Elsevier, vol. 36(2), pages 277-288, August.
- Roth, Alvin E., 1984. "Misrepresentation and stability in the marriage problem," Journal of Economic Theory, Elsevier, vol. 34(2), pages 383-387, December.
- Herve Moulin, 1979.
"Prudence Versus Sophistication in Voting Strategy,"
375, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Barbera, Salvador & Dutta, Bhaskar, 1982. "Implementability via protective equilibria," Journal of Mathematical Economics, Elsevier, vol. 10(1), pages 49-65, June.
- Leonard, Herman B, 1983. "Elicitation of Honest Preferences for the Assignment of Individuals to Positions," Journal of Political Economy, University of Chicago Press, vol. 91(3), pages 461-79, June.
- Dasgupta, Partha S & Hammond, Peter J & Maskin, Eric S, 1979. "The Implementation of Social Choice Rules: Some General Results on Incentive Compatibility," Review of Economic Studies, Wiley Blackwell, vol. 46(2), pages 185-216, April.
- Naeve, Jorg, 2000. "Maximax, leximax, and the demanding criterion," Mathematical Social Sciences, Elsevier, vol. 40(3), pages 313-325, November.
- Flip Klijn & Joana Pais & Marc Vorsatz, 2010.
"Preference Intensities and Risk Aversion in School Choice: A Laboratory Experiment,"
UFAE and IAE Working Papers
816.10, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Flip Klijn & Joana Pais & Marc Vorsatz, 2013. "Preference intensities and risk aversion in school choice: a laboratory experiment," Experimental Economics, Springer, vol. 16(1), pages 1-22, March.
- Flip Klijn & Joana Pais & Marc Vorsatz, 2010. "Preference Intensities and Risk Aversion in School Choice: A Laboratory Experiment," Harvard Business School Working Papers 10-093, Harvard Business School.
- Flip Klijn & Joana Pais & Marc Vorsatz, 2010. "Preference Intensities and Risk Aversion in School Choice: A Laboratory Experiment," Working Papers 447, Barcelona Graduate School of Economics.
- Joana Pais & Agnes Pinter & Robert F. Veszteg, 2008.
"College admissions and the role of information : an experimental study,"
Economics Working Papers
we080302, Universidad Carlos III, Departamento de Economía.
- Joana Pais & Ágnes Pintér & Róbert F. Veszteg, 2011. "College Admissions And The Role Of Information: An Experimental Study," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 52(3), pages 713-737, 08.
- Joana Pais & Agnes Pinter & Robert F. Veszteg, 2008. "College Admissions and the Role of Information: An Experimental Study," ISER Discussion Paper 0707, Institute of Social and Economic Research, Osaka University.
- Pais, Joana & Pintér, Ágnes & Veszteg, Róbert F., . "College admissions and the role of information : an experimental study," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/1159, Universidad Carlos III de Madrid.
- Fiestras-Janeiro, G. & Borm, P.E.M. & Megen, F.J.C. van, 1996.
"Protective Behavior in Games,"
1996-12, Tilburg University, Center for Economic Research.
- Pais, Joana & Pintér, Ágnes, 2008.
"School choice and information: An experimental study on matching mechanisms,"
Games and Economic Behavior,
Elsevier, vol. 64(1), pages 303-328, September.
- Joana Pais & Agnes Pinter, 2007. "School Choice and Information. An Experimental Study on Matching Mechanisms," Labsi Experimental Economics Laboratory University of Siena 018, University of Siena.
- Joana Pais & Ágnes Pintér, 2006. "School Choice and Information An Experimental Study on Matching Mechanisms," Working Papers 2006/14, Department of Economics at the School of Economics and Management (ISEG), Technical University of Lisbon..
- Nicoló, Antonio & Rodríguez-Álvarez, Carmelo, 2012. "Transplant quality and patientsʼ preferences in paired kidney exchange," Games and Economic Behavior, Elsevier, vol. 74(1), pages 299-310.
- Fiestras-Janeiro, Gloria & Borm, Peter & van Megen, Freek, 1998. "Protective and Prudent Behaviour in Games," Journal of Economic Theory, Elsevier, vol. 78(1), pages 167-175, January.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Xavier Vila).
If references are entirely missing, you can add them using this form.