Marriage Matching and Intercorrelation of Preferences
AbstractMen's and women's preferences are intercorrelated to the extent that men rank highly those women who rank them highly. Intercorrelation plays an important but overlooked role in determining outcomes of matching mechanisms. We study via simulation the effect of intercorrelated preferences on men's and women's aggregate satisfaction with the outcome of the Gale-Shapley matching mechanism. We conclude with an application of our results to the student admission matching problem.
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Bibliographic InfoPaper provided by University of Connecticut, Department of Economics in its series Working papers with number 2008-27.
Length: 14 pages
Date of creation: Aug 2008
Date of revision:
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More information through EDIRC
Two-Sided Matching; intercorrelated preferences; Gale-Shapley algorithm;
Other versions of this item:
- James W. Boudreau & Vicki Knoblauch, 2010. "Marriage Matching and Intercorrelation of Preferences," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 12(3), pages 587-602, 06.
- 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
- C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-08-31 (All new papers)
- NEP-GTH-2008-08-31 (Game Theory)
- NEP-LAB-2008-08-31 (Labour Economics)
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