Stable and extremely unequal

نویسندگان

چکیده

We show how stability as a solution concept in matching often comes at the cost of extreme forms on inequality. Restricting our attention to aligned preferences, we that stable results from lexicographic welfare maximization pairs’ welfare, starting with best-off. compare this an alternative allocation, although unstable, maximizes lexicographically worst-off pairs.

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ژورنال

عنوان ژورنال: Economics Letters

سال: 2023

ISSN: ['1873-7374', '0165-1765']

DOI: https://doi.org/10.1016/j.econlet.2023.111101