IDEAS home Printed from https://ideas.repec.org/a/kap/theord/v59y2005i3p193-205.html
   My bibliography  Save this article

Stability and Efficiency of Partitions in Matching Problems

Author

Listed:
  • Ä°pek Özkal-Sanver

    ()

Abstract

We define two versions of stability and efficiency of partitions and analyze their relationships for some matching rules. The stability and efficiency of a partition depends on the matching rule φ. The results are stated under various membership property rights axioms. It is shown that in a world where agents can freely exit from and enter coalitions, whenever the matching rule is individually rational and Pareto optimal, the set of φ-stable and φ-efficient partitions coincide and it is unique: the grand coalition. Then we define a weaker version of stability and efficiency, namely specific to a given preference profile and find some negative results for stable matching rules. Copyright Springer 2005

Suggested Citation

  • Ä°pek Özkal-Sanver, 2005. "Stability and Efficiency of Partitions in Matching Problems," Theory and Decision, Springer, vol. 59(3), pages 193-205, November.
  • Handle: RePEc:kap:theord:v:59:y:2005:i:3:p:193-205
    DOI: 10.1007/s11238-005-0945-9
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11238-005-0945-9
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Duygu Nizamogullari & İpek Özkal-Sanver, 2011. "Coalitional stability and efficiency of partitions in matching problems," Theory and Decision, Springer, vol. 71(3), pages 395-407, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:theord:v:59:y:2005:i:3:p:193-205. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Rebekah McClure). General contact details of provider: http://www.springer.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.