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The Roole Played By The Well-Behaved Matchings In The Coalition Formation Process Of The Stable Matchings For The Roommate Market

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Abstract

We approach the roommate problem by focusing on well-behaved matchings, which are those individually rational matchings whose blocking pairs, if any, are formed with unmatched agents. We show that the set of stable matchings is non-empty if and only if no well-behaved and unstable matching is Pareto optimal among all well-behaved matchings. The economic intuition underlying this condition is that blocking can be done so that the transactions at any well-behaved and unstable matching need not be undone as agents reach the the set of stable matchings. We also give a sufficient condition on the preferences of the agents for the non-emptiness of the set of stable matchings. New properties of economic interest are proved

Suggested Citation

  • Marilda Sotomayor, 2016. "The Roole Played By The Well-Behaved Matchings In The Coalition Formation Process Of The Stable Matchings For The Roommate Market," Working Papers, Department of Economics 2016_06, University of São Paulo (FEA-USP).
  • Handle: RePEc:spa:wpaper:2016wpecon6
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    Cited by:

    1. Wu, Qingyun & Roth, Alvin E., 2018. "The lattice of envy-free matchings," Games and Economic Behavior, Elsevier, vol. 109(C), pages 201-211.

    More about this item

    Keywords

    Core; Stable matching; well-behaved matching; simple matching.;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation

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