Matching with Incomplete Preferences
General Economics
2023-11-20 v3 Economics
Abstract
I study a two-sided marriage market in which agents have incomplete preferences -- i.e., they find some alternatives incomparable. The strong (weak) core consists of matchings wherein no coalition wants to form a new match between themselves, leaving some (all) agents better off without harming anyone. The strong core may be empty, while the weak core can be too large. I propose the concept of the "compromise core" -- a nonempty set that sits between the weak and the strong cores. Similarly, I define the men-(women-) optimal core and illustrate its benefit in an application to India's engineering college admissions system.
Keywords
Cite
@article{arxiv.2212.02613,
title = {Matching with Incomplete Preferences},
author = {Aditya Kuvalekar},
journal= {arXiv preprint arXiv:2212.02613},
year = {2023}
}