Authors of experimental, empirical, theoretical and computational studies of two-sided matching markets have recognized the importance of correlated preferences. We develop a general method for the study of the effect of correlation of preferences on the outcomes generated by two-sided matching mechanisms. We then illustrate our method by using it to quantify the effect of correlation of preferences on satisfaction with the men-propose Gale-Shapley matching for a simple one-to-one matching problem.
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Paper provided by University of Connecticut, Department of Economics in its series Working papers with number
2007-16.
Length: 21 pages Date of creation: May 2007 Date of revision: Handle: RePEc:uct:uconnp:2007-16
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Find related papers by JEL classification: C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
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