Advanced Search
MyIDEAS: Login to save this paper or follow this series

On symmetry in the formation of stable partnerships

Contents:

Author Info

  • Gudmundsson, Jens

    ()
    (Department of Economics, Lund University)

Abstract

In this note, we examine the connection between the roommate model and the partnership formation model (Talman and Yang, 2011, Journal of Mathematical Economics 47, 206-212). Upon noting that both occasionally lack equilibria we look at the stable partnerships model, a combination of the former models and interpretable as one with a social planner. We find two sufficient conditions for the existence of stable matchings in the stable partnerships model, where one relates to efficiency, and one (the symmetry condition) to fairness. Finally, we provide examples from the fair sharing literature on dividing common values that satisfy the symmetry condition.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://project.nek.lu.se/publications/workpap/papers/WP11_29.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Lund University, Department of Economics in its series Working Papers with number 2011:29.

as in new window
Length: 7 pages
Date of creation: 30 Sep 2011
Date of revision:
Handle: RePEc:hhs:lunewp:2011_029

Contact details of provider:
Postal: Department of Economics, School of Economics and Management, Lund University, Box 7082, S-220 07 Lund,Sweden
Phone: +46 +46 222 0000
Fax: +46 +46 2224613
Web page: http://www.nek.lu.se/en
More information through EDIRC

Related research

Keywords: One-sided matching; partnership formation; symmetry condition; stability;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

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.:
as in new window
  1. Chung, Kim-Sau, 2000. "On the Existence of Stable Roommate Matchings," Games and Economic Behavior, Elsevier, vol. 33(2), pages 206-230, November.
  2. Ju, Y. & Borm, P.E.M. & Ruys, P.H.M., 2007. "The consensus value: A new solution concept for cooperative games," Open Access publications from Tilburg University urn:nbn:nl:ui:12-195202, Tilburg University.
  3. Bettina Klaus & Flip Klijn, 2009. "Smith and Rawls Share a Room: Stability and Medians," Harvard Business School Working Papers 09-111, Harvard Business School.
  4. Alvaro Rodrigues-Neto, Jose, 2007. "Representing roommates' preferences with symmetric utilities," Journal of Economic Theory, Elsevier, vol. 135(1), pages 545-550, July.
  5. Suryapratim Banerjee & Hideo Konishi & Tayfun Sonmez, 1999. "Core in a Simple Coalition Formation Game," Boston College Working Papers in Economics 449, Boston College Department of Economics.
  6. Demange, Gabrielle & Gale, David & Sotomayor, Marilda, 1986. "Multi-Item Auctions," Journal of Political Economy, University of Chicago Press, vol. 94(4), pages 863-72, August.
  7. Talman, A.J.J. & Yang, Z.F., 2008. "A Model of Partnership Formation," Discussion Paper 2008-103, Tilburg University, Center for Economic Research.
  8. Demange, Gabrielle & Gale, David, 1985. "The Strategy Structure of Two-sided Matching Markets," Econometrica, Econometric Society, vol. 53(4), pages 873-88, July.
  9. Johan Karlander & Kimmo Eriksson, 2001. "Stable outcomes of the roommate game with transferable utility," International Journal of Game Theory, Springer, vol. 29(4), pages 555-569.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:hhs:lunewp:2011_029. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (David Edgerton).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.