Protective Behaviour in Matching Models
This paper analyzes the use of a version of lexical maximim strategies, called protective behavior, in two-sided matching models. It restricts attention to mechanisms which produce stable matchings, that is, matchings which are individually rational and pairwise optimal. The main results of the paper show that truth-telling is the unique form of protective behavior in two such mechanisms. The first is the one which selects the student-optimal stable matching in the college-admissions model, while the second is the mechanism which selects the buyer-optimal matching in the Shapley-Shubik assignment model. Journal of Economic Literature Classification Numbers: C78, D81.
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- Dasgupta, Partha S & Hammond, Peter J & Maskin, Eric S, 1979. "The Implementation of Social Choice Rules: Some General Results on Incentive Compatibility," Review of Economic Studies, Wiley Blackwell, vol. 46(2), pages 185-216, April.
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- Moulin, Herve, 1981.
"Prudence versus sophistication in voting strategy,"
Journal of Economic Theory,
Elsevier, vol. 24(3), pages 398-412, June.
- Barbera, Salvador & Dutta, Bhaskar, 1982. "Implementability via protective equilibria," Journal of Mathematical Economics, Elsevier, vol. 10(1), pages 49-65, June.
- Barbera, Salvador & Pattanaik, Prasanta K., 1984. "Extending an order on a Set to the power set: Some remarks on Kannai and Peleg's approach," Journal of Economic Theory, Elsevier, vol. 32(1), pages 185-191, February.
- Kannai, Yakar & Peleg, Bezalel, 1984. "A note on the extension of an order on a set to the power set," Journal of Economic Theory, Elsevier, vol. 32(1), pages 172-175, February.
- Leonard, Herman B, 1983. "Elicitation of Honest Preferences for the Assignment of Individuals to Positions," Journal of Political Economy, University of Chicago Press, vol. 91(3), pages 461-79, June.
- Roth, Alvin E., 1989. "Two-sided matching with incomplete information about others' preferences," Games and Economic Behavior, Elsevier, vol. 1(2), pages 191-209, June.
- Roth, Alvin E., 1985. "The college admissions problem is not equivalent to the marriage problem," Journal of Economic Theory, Elsevier, vol. 36(2), pages 277-288, August.
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