IDEAS home Printed from https://ideas.repec.org/p/unm/umamet/2007046.html
   My bibliography  Save this paper

Competition and resource sensitivity in marriage and roommate markets

Author

Listed:
  • Klaus, B.E.

    (Microeconomics & Public Economics)

Abstract

We consider one-to-one matching markets in which agents can either be matched as pairs or remain single. In these so-called roommate markets agents are consumers and resources at the same time. We investigate two new properties that capture the effect newcomers have on incumbent agents. Competition sensitivity focuses on newcomers as additional consumers and requires that some incumbents will suffer if competition is caused by newcomers. Resource sensitivity focuses on newcomers as additional resources and requires that this is beneficial for some incumbents. For solvable roommate markets, we provide the first characterizations of the core using either competition or resource sensitivity. On the domain of all roommate markets, we obtain two associated impossibility results.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Klaus, B.E., 2007. "Competition and resource sensitivity in marriage and roommate markets," Research Memorandum 046, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    • Handle: RePEc:unm:umamet:2007046
    DOI: 10.26481/umamet.2007046
    as

    Download full text from publisher

    File URL: https://cris.maastrichtuniversity.nl/ws/files/1423211/guid-c2e66df8-6961-4399-b759-2e1dee9a354c-ASSET1.0.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.26481/umamet.2007046?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Maurice Salles, 2016. "Social choice," Chapters, in: Gilbert Faccarello & Heinz D. Kurz (ed.), Handbook on the History of Economic Analysis Volume III, chapter 36, pages 518-537, Edward Elgar Publishing.
    2. Eric Maskin, 1999. "Nash Equilibrium and Welfare Optimality," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 66(1), pages 23-38.
    3. Burak Can & Bettina Klaus, 2013. "Consistency and population sensitivity properties in marriage and roommate markets," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 41(4), pages 835-862, October.
    4. William Thomson, 2007. "Fair Allocation Rules," RCER Working Papers 539, University of Rochester - Center for Economic Research (RCER).
    5. 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.
    6. Barnett,William A. & Moulin,Hervé & Salles,Maurice & Schofield,Norman J. (ed.), 1995. "Social Choice, Welfare, and Ethics," Cambridge Books, Cambridge University Press, number 9780521443401, October.
    7. Sonmez, Tayfun, 1996. "Implementation in generalized matching problems," Journal of Mathematical Economics, Elsevier, vol. 26(4), pages 429-439.
    8. BARBERA, Salvador & BOSSERT, Walter & PATTANAIK, Prasanta K., 2001. "Ranking Sets of Objects," Cahiers de recherche 2001-02, Universite de Montreal, Departement de sciences economiques.
    9. William Thomson, 1983. "The Fair Division of a Fixed Supply Among a Growing Population," Mathematics of Operations Research, INFORMS, vol. 8(3), pages 319-326, August.
    10. Manabu Toda, 2006. "Monotonicity and Consistency in Matching Markets," International Journal of Game Theory, Springer;Game Theory Society, vol. 34(1), pages 13-31, April.
    11. Moulin, Herve, 1994. "Social choice," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 2, chapter 31, pages 1091-1125, Elsevier.
    12. de Martí Beltran, Joan, 2009. "Matthew O. Jackson, Social and Economic Networks , Princeton University Press (2008)," Regional Science and Urban Economics, Elsevier, vol. 39(5), pages 644-645, September.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Burak Can & Bettina Klaus, 2013. "Consistency and population sensitivity properties in marriage and roommate markets," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 41(4), pages 835-862, October.
    2. Mehmet Karakaya & Bettina Klaus, 2017. "Hedonic coalition formation games with variable populations: core characterizations and (im)possibilities," International Journal of Game Theory, Springer;Game Theory Society, vol. 46(2), pages 435-455, May.
    3. Kasajima, Yoichi & Toda, Manabu, 2024. "Singles monotonicity and stability in one-to-one matching problems," Games and Economic Behavior, Elsevier, vol. 143(C), pages 269-286.
    4. Mustafa Oǧuz Afacan, 2019. "Matching with restricted trade," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(3), pages 957-977, September.
    5. Klaus, Bettina, 2017. "Consistency and its converse for roommate markets," Games and Economic Behavior, Elsevier, vol. 104(C), pages 43-58.
    6. Yoichi Kasajima & Manabu Toda, 2021. "Singles monotonicity and stability in one-to-one matching problems," Working Papers 2023-1, Waseda University, Faculty of Political Science and Economics.
    7. Thayer Morrill, 2013. "An alternative characterization of the deferred acceptance algorithm," International Journal of Game Theory, Springer;Game Theory Society, vol. 42(1), pages 19-28, February.
    8. Antonio Romero-Medina & Matteo Triossi, 2012. "Neutral Mergers Between Bilateral Markets," Documentos de Trabajo 292, Centro de Economía Aplicada, Universidad de Chile.
    9. Duygu Nizamogullari & İpek Özkal-Sanver, 2022. "A note on roommate problems with a limited number of rooms," Review of Economic Design, Springer;Society for Economic Design, vol. 26(4), pages 553-560, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mehmet Karakaya & Bettina Klaus, 2017. "Hedonic coalition formation games with variable populations: core characterizations and (im)possibilities," International Journal of Game Theory, Springer;Game Theory Society, vol. 46(2), pages 435-455, May.
    2. Javier Perote Peña & Juan Perote Peña, 2003. "A Social Choice Trade-off Between Alternative Fairness Concepts: Solidarity versus Flexibility," Economic Working Papers at Centro de Estudios Andaluces E2003/10, Centro de Estudios Andaluces.
    3. Juan Perote Peña, 2003. "Solidarity in Terms of Reciprocity," Economic Working Papers at Centro de Estudios Andaluces E2003/16, Centro de Estudios Andaluces.
    4. Rodríguez-Míguez, Eva & Herrero, Carmen & Pinto-Prades, José Luis, 2004. "Using a point system in the management of waiting lists: the case of cataracts," Social Science & Medicine, Elsevier, vol. 59(3), pages 585-594, August.
    5. Bochet, Olivier & Gordon, Sidartha, 2012. "Priorities in the location of multiple public facilities," Games and Economic Behavior, Elsevier, vol. 74(1), pages 52-67.
    6. BOSSERT, Walter & WEYMARK, J.A., 2006. "Social Choice: Recent Developments," Cahiers de recherche 2006-01, Universite de Montreal, Departement de sciences economiques.
    7. Kasajima, Yoichi & Toda, Manabu, 2024. "Singles monotonicity and stability in one-to-one matching problems," Games and Economic Behavior, Elsevier, vol. 143(C), pages 269-286.
    8. Bettina Klaus, 2001. "Target Rules for Public Choice Economies on Tree Networks and in Euclidean Spaces," Theory and Decision, Springer, vol. 51(1), pages 13-29, August.
    9. Sidartha Gordon, 2007. "Solidarity in choosing a location on a cycle," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 29(1), pages 125-147, July.
    10. Gordon, Sidartha, 2007. "Public decisions: Solidarity and the status quo," Games and Economic Behavior, Elsevier, vol. 61(2), pages 225-241, November.
    11. William Thomson, 2011. "Consistency and its converse: an introduction," Review of Economic Design, Springer;Society for Economic Design, vol. 15(4), pages 257-291, December.
    12. Stefano Moretti & Henk Norde & Kim Pham Do & Stef Tijs, 2002. "Connection problems in mountains and monotonic allocation schemes," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 10(1), pages 83-99, June.
    13. William A. Barnett, 2000. "Which Road Leads to Stable Money Demand?," Contributions to Economic Analysis, in: The Theory of Monetary Aggregation, pages 577-592, Emerald Group Publishing Limited.
    14. Barnett, William A. & Keating, John W. & Kelly, Logan J., 2008. "Toward a bias corrected currency equivalent index," Economics Letters, Elsevier, vol. 100(3), pages 448-451, September.
    15. Claus-Jochen Haake & Bettina Klaus, 2010. "Stability and Nash implementation in matching markets with couples," Theory and Decision, Springer, vol. 69(4), pages 537-554, October.
    16. William A. Barnett & Yi Liu, 1996. "The CAPM-Extended Divisia Monetary Aggregate with Exact Tracking under Risk," Finance 9602001, University Library of Munich, Germany.
    17. Nicolas Gravel & Patrick Moyes, 2013. "Utilitarianism or welfarism: does it make a difference?," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 40(2), pages 529-551, February.
    18. Alexander Cappelen & Bertil Tungodden, 2009. "Rewarding effort," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 39(3), pages 425-441, June.
      • Cappelen, Alexander W. & Tungodden, Bertil, 2004. "Rewarding effort," Memorandum 15/2004, Oslo University, Department of Economics.
    19. Bloch, Francis & Dutta, Bhaskar, 2009. "Correlated equilibria, incomplete information and coalitional deviations," Games and Economic Behavior, Elsevier, vol. 66(2), pages 721-728, July.
    20. Olivier Hudry & Bruno Leclerc & Bernard Monjardet & Jean-Pierre Barthélemy, 2004. "Médianes métriques et latticielles," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-03322636, HAL.

    More about this item

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:unm:umamet:2007046. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Andrea Willems or Leonne Portz (email available below). General contact details of provider: https://edirc.repec.org/data/meteonl.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.