Marriage Matching with Correlated Preferences
AbstractAuthors 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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Bibliographic InfoPaper 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:
Note: The authors would like to thank Fusun Yaman for programming assistance and James Boudreau for helpful comments and suggestions.
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Web page: http://www.econ.uconn.edu/
More information through EDIRC
Two-Sided Matching; Correlated preferences; Gale-Shapley algorithm;
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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