Procedurally Fair and Stable Matching
We study procedurally fair matching mechanisms that produce stable matchings for the so-called marriage model of one-to-one, two-sided matching. Our main focus is on two such mechanisms: employment by lotto introduced by Aldershof et al. (1999) and the random order mechanism due to Roth and Vande Vate (1990) and Ma (1996). For both mechanisms we give various examples of probability distributions on the set of stable matchings and discuss properties that differentiate employment by lotto and the random order mechanism. Furthermore, we correct some misconceptions by Aldershof et al. (1999) and Ma (1996) that exist on the probability distribution induced by both mechanisms. Finally, we consider an adjustment of the random order mechanism, the equitable random order mechanism.
|Date of creation:||Nov 2003|
|Date of revision:|
|Contact details of provider:|| Postal: Ramon Trias Fargas, 25-27, 08005 Barcelona|
Phone: +34 93 542-1222
Fax: +34 93 542-1223
Web page: http://www.barcelonagse.eu
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Antonio Romero-Medina, 2005. "Equitable Selection in Bilateral Matching Markets," Theory and Decision, Springer, vol. 58(3), pages 305-324, 05.
- Ma, Jinpeng, 1996.
"On Randomized Matching Mechanisms,"
Springer;Society for the Advancement of Economic Theory (SAET), vol. 8(2), pages 377-81, August.
- Herve Moulin, 2004. "Fair Division and Collective Welfare," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262633116.
- Roth, Alvin E & Vande Vate, John H, 1990. "Random Paths to Stability in Two-Sided Matching," Econometrica, Econometric Society, vol. 58(6), pages 1475-80, November.
When requesting a correction, please mention this item's handle: RePEc:bge:wpaper:36. 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: (Bruno Guallar)
If references are entirely missing, you can add them using this form.