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Farsighted Objections and Maximality in One-to-one Matching Problems

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  • Kimya, Mert

Abstract

We characterize the set of stable matchings when individuals are farsighted and when they choose their objections optimally along a farsighted objection path. We use a solution concept called maximal farsighted set (MFS), which is an adaptation of the concepts developed in Dutta and Vohra (2017) and Dutta and Vartiainen (2020) to one-to-one matching problems. MFS always exists, but it need not be unique. There is a unique largest MFS that contains all other, which is equal to the largest consistent set of Chwe (1994). This implies that the largest consistent set embodies the idea of maximality in one-to-one matching problems.

Suggested Citation

  • Kimya, Mert, 2020. "Farsighted Objections and Maximality in One-to-one Matching Problems," Working Papers 202014, University of Sydney, School of Economics, revised Jul 2021.
    • Handle: RePEc:syd:wpaper:202014
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    Cited by:

    1. Mert Kimya, 2023. "Coalition Formation Under Dominance Invariance," Dynamic Games and Applications, Springer, vol. 13(2), pages 480-496, June.
    2. Imamura, Kenzo & Konishi, Hideo & Pan, Chen-Yu, 2023. "Stability in matching with externalities: Pairs competition and oligopolistic joint ventures," Journal of Economic Behavior & Organization, Elsevier, vol. 205(C), pages 270-286.
    3. Kenzo Imamura & Hideo Konishi, 2023. "Assortative Matching with Externalities and Farsighted Agents," Dynamic Games and Applications, Springer, vol. 13(2), pages 497-509, June.

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