Employment by Lotto Revisited
AbstractWe study employment by lotto (Aldershof et al., 1999), a procedurally fair matching algorithm for the so-called stable marriage problem. We complement Aldershof et al.'s (1999) analysis in two ways. First, we give an alternative and intuitive description of employment by lotto in terms of a probabilistic serial dictatorship on the set of stable matchings. Second, we show that Aldershof et al.'s (1999) conjectures are correct for small matching markets but not necessarily correct for large matching markets.
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Bibliographic InfoPaper provided by Barcelona Graduate School of Economics in its series Working Papers with number 263.
Date of creation: Jan 2006
Date of revision:
employment by lotto; probabilistic mechanism; two-sided matching; stability;
Other versions of this item:
- B4 - Schools of Economic Thought and Methodology - - Economic Methodology
- C0 - Mathematical and Quantitative Methods - - General
- C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
- D5 - Microeconomics - - General Equilibrium and Disequilibrium
- D7 - Microeconomics - - Analysis of Collective Decision-Making
- M2 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics
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.:
- Bettina Klaus & Flip Klijn, 2003.
"Procedurally Fair and Stable Matching,"
36, Barcelona Graduate School of Economics.
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