Some Things Couples always wanted to know about stable matchings (but were afraid to ask)
In this note we study the National Resident Matching Program (NRMP) algorithm in the US market for physicians. We report on two problems that concern the presence of couples, a feature explicitly incorporated in the new NRMP algorithm (cf. Roth and Peranson, 1999). First, we show that the new NRMP algorithm may not find an existing stable matching, even when couples' preferences are "responsive," i.e., when Gale and Shapleyís (1962) deferred acceptance algorithm (on which the old NRMP algorithm is based) is applicable. Second, we demonstrate that the new NRMP algorithm may also be manipulated by couples acting as singles.
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- Klaus, Bettina & Klijn, Flip, 2005. "Stable matchings and preferences of couples," Journal of Economic Theory, Elsevier, vol. 121(1), pages 75-106, March.
- Roth,Alvin E. & Sotomayor,Marilda A. Oliveira, 1992.
Cambridge University Press, number 9780521437882.
- Roth, Alvin E. & Sotomayor, Marilda, 1992. "Two-sided matching," Handbook of Game Theory with Economic Applications,in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 1, chapter 16, pages 485-541 Elsevier.
- Alvin E. Roth, 2002. "The Economist as Engineer: Game Theory, Experimentation, and Computation as Tools for Design Economics," Econometrica, Econometric Society, vol. 70(4), pages 1341-1378, July.
- Roth, Alvin E, 1984.
"The Evolution of the Labor Market for Medical Interns and Residents: A Case Study in Game Theory,"
Journal of Political Economy,
University of Chicago Press, vol. 92(6), pages 991-1016, December.
- Roth, Alvin E., 1984. "The Evolution of the Labor Market for Medical Interns and Residents: A Case Study in Game Theory," Scholarly Articles 29410143, Harvard University Department of Economics.
- Roth, Alvin E & Vande Vate, John H, 1990. "Random Paths to Stability in Two-Sided Matching," Econometrica, Econometric Society, vol. 58(6), pages 1475-1480, November.
- Zhou Lin, 1994. "A New Bargaining Set of an N-Person Game and Endogenous Coalition Formation," Games and Economic Behavior, Elsevier, vol. 6(3), pages 512-526, May.
- Elliott Peranson & Alvin E. Roth, 1999.
"The Redesign of the Matching Market for American Physicians: Some Engineering Aspects of Economic Design,"
American Economic Review,
American Economic Association, vol. 89(4), pages 748-780, September.
- Alvin E. Roth & Elliott Peranson, 1999. "The Redesign of the Matching Market for American Physicians: Some Engineering Aspects of Economic Design," NBER Working Papers 6963, National Bureau of Economic Research, Inc.