Misrepresentation and Stability in the Marriage Problem

نویسنده

  • ALVIN E. ROTH
چکیده

It has been shown previously that, for two-sided discrete markets of the kind exemplified by the “marriage problem,” no strategy-proof procedure for aggregating preferences into stable outcomes exists. Here it is shown that (Nash) equilibrium misrepresentation of preferences nevertheless results in a stable outcome in terms of the true preferences when the aggregation procedure yields the optimal stable outcome in terms of the stated preferences for one side of the market. Journal of Economic Literature Classification Numbers: 022, 025. 026.

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تاریخ انتشار 1983