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Rationalizability of one-to-one matchings with externalities

Author

Listed:
  • Ismail Saglam

    (TOBB University of Economics and Technology)

  • Ayþe Mumcu

    (Bogazici University)

Abstract

In this paper, we show that the one-to-one matching model of Mumcu and Saglam (2008) studying stability under interdependent preferences is refutable. We also give a sufficient characterization of the set of matchings that are rationalizable inside the core.

Suggested Citation

  • Ismail Saglam & Ayþe Mumcu, 2008. "Rationalizability of one-to-one matchings with externalities," Economics Bulletin, AccessEcon, vol. 4(33), pages 1-8.
  • Handle: RePEc:ebl:ecbull:eb-08d70031
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    References listed on IDEAS

    as
    1. Sasaki, Hiroo & Toda, Manabu, 1996. "Two-Sided Matching Problems with Externalities," Journal of Economic Theory, Elsevier, vol. 70(1), pages 93-108, July.
    2. Federico Echenique, 2008. "What Matchings Can Be Stable? The Testable Implications of Matching Theory," Mathematics of Operations Research, INFORMS, vol. 33(3), pages 757-768, August.
    3. Prabal Roy Chowdhury, 2004. "Marriage markets with externalities," Discussion Papers 04-11, Indian Statistical Institute, Delhi.
    4. Ayse Mumcu & Ismail Saglam, 2008. "Characterizing Stable One-to-One Matchings under Interdependent Preferences," Working Papers 0806, TOBB University of Economics and Technology, Department of Economics.
    5. Ismail Saglam & Ayse Mumcu, 2007. "The core of a housing market with externalities," Economics Bulletin, AccessEcon, vol. 3(57), pages 1-5.
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    Cited by:

    1. Mumcu, Ayse & Saglam, Ismail, 2010. "Stable one-to-one matchings with externalities," Mathematical Social Sciences, Elsevier, vol. 60(2), pages 154-159, September.

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    More about this item

    Keywords

    One-to-one matching Stability Externalities Rationalizability;

    JEL classification:

    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • D7 - Microeconomics - - Analysis of Collective Decision-Making

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