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SSRN Electronic Journal
Article . 2011 . Peer-reviewed
Data sources: Crossref
EconStor
Research . 2011
Data sources: EconStor
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A Measure to Compare Matchings in Marriage Markets

Authors: Biermann, FM;

A Measure to Compare Matchings in Marriage Markets

Abstract

In matching markets the number of blocking pairs is often used as a criterion to compare matchings. We argue that this criterion is lacking an economic interpretation: In many circumstances it will neither reflect the expected extent of partner changes, nor will it capture the satisfaction of the players with the matching. As an alternative, we set up two principles which single out a particularly disruptive subcollection of blocking pairs. We propose to take the cardinality of that subset as a measure to compare matchings. This cardinality has an economic interpretation: The subset is a justifed objection against the given matching according to a bargaining set characterization of the set of stable matchings. We prove multiple properties relevant for a workable measure of comparison.

Keywords

ddc:330, Stable Marriage Problem, Instability, Blocking Pair, Decentralized Market, Bargaining Set, C0, Matching, Matching Comparison, Stable Marriage Problem, Matching, Blocking Pair, Instability, Matching Comparison, Decentralized Market, Bargaining Set, jel: jel:C0

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
Green
bronze