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Median stable matchings in two-sided markets

Author

Listed:
  • Chen, Peter
  • Egesdal, Michael
  • Pycia, Marek
  • Yenmez, M. Bumin

Abstract

We show that generalized median stable matchings exist in many-to-many matching markets when contracts are strong substitutes and satisfy the law of aggregate demand.

Suggested Citation

  • Chen, Peter & Egesdal, Michael & Pycia, Marek & Yenmez, M. Bumin, 2016. "Median stable matchings in two-sided markets," Games and Economic Behavior, Elsevier, vol. 97(C), pages 64-69.
  • Handle: RePEc:eee:gamebe:v:97:y:2016:i:c:p:64-69
    DOI: 10.1016/j.geb.2016.03.004
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Marcelo Ariel Fernandez & Kirill Rudov & Leeat Yariv, 2022. "Centralized Matching with Incomplete Information," American Economic Review: Insights, American Economic Association, vol. 4(1), pages 18-33, March.
    2. Federico Echenique & SangMok Lee & Matthew Shum & M. Bumin Yenmez, 2021. "Stability and Median Rationalizability for Aggregate Matchings," Games, MDPI, vol. 12(2), pages 1-15, April.
    3. Peter Chen & Michael Egesdal & Marek Pycia & M. Bumin Yenmez, 2021. "Quantile Stable Mechanisms," Games, MDPI, vol. 12(2), pages 1-9, May.
    4. Martínez-de-Albéniz, F. Javier & Rafels, Carlos & Ybern, Neus, 2019. "Solving Becker's assortative assignments and extensions," Games and Economic Behavior, Elsevier, vol. 113(C), pages 248-261.
    5. Can, Burak & Pourpouneh, Mohsen & Storcken, Ton, 2023. "Distance on matchings: an axiomatic approach," Theoretical Economics, Econometric Society, vol. 18(2), May.

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    More about this item

    Keywords

    Median stable matchings; Many-to-one matching with wages; Many-to-many matching; Matching with contracts; Strong substitutability; The law of aggregate demand;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
    • D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design

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