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Many-to-One Matching when Colleagues Matter

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Author Info
Pablo Revilla (Universidad Pablo de Olavide)

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Abstract

This paper studies many-to-one matching market in which each agent’s preferences not only depend on the institution that hires her, but also on the group of her colleagues, which are matched to the same institution. With an unrestricted domain of preferences the non-emptiness of the core is not guaranteed. Under certain conditions on agents’ preferences, we show that two possible situations in which, at least, one stable allocation exists, emerge. The first condition, called Group Togetherness, reflects real-life situations in which agents are more concerned about an acceptable set of colleagues than about the firm hiring them. The second one, Common Best Colleague, refers to markets in which a workers’ ranking is accepted by workers and firms present in such markets.

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Publisher Info
Paper provided by Fondazione Eni Enrico Mattei in its series Working Papers with number 2007.87.

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Date of creation: Sep 2007
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Handle: RePEc:fem:femwpa:2007.87

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Related research
Keywords: Many-to-one matching; Hedonic; Coalitions; Stability; Colleagues;

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Find related papers by JEL classification:
C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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References listed on IDEAS
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.:
  1. Tayfun Sönmez & Suryapratim Banerjee & Hideo Konishi, 2001. "Core in a simple coalition formation game," Social Choice and Welfare, Springer, vol. 18(1), pages 135-153. [Downloadable!] (restricted)
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  2. Dutta, B. & Masso, J., 1996. "Stability of Matchings when Individuals Have Preferences Over Colleagues," UFAE and IAE Working Papers 325.96, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    Other versions:
  3. Dreze, J H & Greenberg, J, 1980. "Hedonic Coalitions: Optimality and Stability," Econometrica, Econometric Society, vol. 48(4), pages 987-1003, May. [Downloadable!] (restricted)
  4. José Alcalde & Antonio Romero-Medina, 2006. "Coalition Formation and Stability," Social Choice and Welfare, Springer, vol. 27(2), pages 365-375, October. [Downloadable!] (restricted)
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  5. Echenique, Federico & Yenmez, M. Bumin, 2007. "A solution to matching with preferences over colleagues," Games and Economic Behavior, Elsevier, vol. 59(1), pages 46-71, April. [Downloadable!] (restricted)
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  6. Klaus, Bettina & Klijn, Flip, 2005. "Stable matchings and preferences of couples," Journal of Economic Theory, Elsevier, vol. 121(1), pages 75-106, March. [Downloadable!] (restricted)
  7. José Alcalde & Pablo Revilla, 2003. "Researching with Whom? Stability and Manipulation," Economic Working Papers at Centro de Estudios Andaluces E2003/35, Centro de Estudios Andaluces. [Downloadable!]
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Cited by:
(explanations, 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.)

  1. Dinko Dimitrov & Emiliya Lazarova, 2008. "Coalitional Matchings," Working Papers 2008.45, Fondazione Eni Enrico Mattei. [Downloadable!]
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