The law of aggregate demand and welfare in the two-sided matching market
In the college admission problem, we show that the student-optimal stable matching is weakly Pareto optimal for students if colleges' preferences satisfy substitutability and the law of aggregate demand. We also show that both of these properties are important for the result.
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- Atila Abdulkadiroğlu, 2005. "College admissions with affirmative action," International Journal of Game Theory, Springer;Game Theory Society, vol. 33(4), pages 535-549, November.
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