Authors
Archishman Chakraborty, Alessandro Citanna, Michael Ostrovsky
Publication date
2015/3
Journal
Review of Economic Design
Volume
19
Pages
3-24
Publisher
Springer Berlin Heidelberg
Description
We study two-sided many-to-one matching markets with interdependent valuations and imperfect information held by one side of the market. The other side has common and known preferences over potential mates. In this setting, pairwise stability does not imply group stability: mechanisms that are stable with respect to deviations by pairs of agents may be vulnerable to deviations by groups. We formalize a notion of group stability and construct a “modified serial dictatorship” mechanism that implements group stable matchings. We further discuss the robustness of our notion of stability and examine efficiency properties of modified serial dictatorship.
Total citations
20152016201720182019202020212022222512
Scholar articles
A Chakraborty, A Citanna, M Ostrovsky - Review of Economic Design, 2015