Related papers: Marital Stability With Committed Couples: A Reveal…
In this paper, I develop an integrated approach to collective models and matching models of the marriage market. In the collective framework, both household formation and the intra-household allocation of bargaining power are taken as…
We consider stability concepts for random matchings where agents have preferences over objects and objects have priorities for the agents. When matchings are deterministic, the standard stability concept also captures the fairness property…
This paper proposes an analysis of the effects of consensus and preference aggregation on the consistency of pairwise comparisons. We define some boundary properties for the inconsistency of group preferences and investigate their relation…
It is well known that a stable matching in a many-to-one matching market with couples need not exist. We introduce a new matching algorithm for such markets and show that for a general class of large random markets the algorithm will find a…
The stable marriage problem with ties is a well-studied and interesting problem in game theory. We are given a set of men and a set of women. Each individual has a preference ordering on the opposite group, which can possibly contain ties.…
We implement nonparametric revealed-preference tests of subjective expected utility theory and its generalizations. We find that a majority of subjects' choices are consistent with the maximization of some utility function. They respond to…
The stable matching problem sets the economic foundation of several practical applications ranging from school choice and medical residency to ridesharing and refugee placement. It is concerned with finding a matching between two disjoint…
We provide four novel results for nonhomothetic Constant Elasticity of Substitution preferences (Hanoch, 1975). First, we derive a closed-form representation of the expenditure function of nonhomothetic CES under relatively flexible…
Can stated preferences inform counterfactual analyses of actual choice? This research proposes a novel approach to researchers who have access to both stated choices in hypothetical scenarios and actual choices, matched or unmatched. The…
Emotional volatility is a human universal. Yet there has been no large-scale scientific study of predictors of that phenomenon. Building from previous works, which had been ad hoc and based on tiny samples, this paper reports the first…
We use decision theory to compare variants of differential privacy from the perspective of prospective study participants. We posit the existence of a preference ordering on the set of potential consequences that study participants can…
We study the stable marriage problem in two-sided markets with randomly generated preferences. We consider agents on each side divided into a constant number of "soft tiers", which intuitively indicate the quality of the agent.…
Two-sided matching markets describe a large class of problems wherein participants from one side of the market must be matched to those from the other side according to their preferences. In many real-world applications (e.g. content…
Algorithmic stability is a central concept in statistics and learning theory that measures how sensitive an algorithm's output is to small changes in the training data. Stability plays a crucial role in understanding generalization,…
A probabilistic approach to the stable matching problem has been identified as an important research area with several important open problems. When considering random matchings, ex-post stability is a fundamental stability concept. A…
Extensive research shows that consumers are generally averse to price discrimination. However, instruments of differential pricing can benefit consumer surplus and alleviate inequity through targeted price discounts. This paper examines how…
One of the exciting developments in the stated preference literature is the use of probabilistic stated preference experiments to estimate semi-parametric population distributions of ex ante returns and willingness-to-pay (WTP) for a choice…
Behavior of systems that are functions of anticipated behavior of other systems, whose own behavior is also anticipatory but homeostatic and determined by hierarchical ordering, which changes over time, of sets of possible environments that…
We develop a method suitable for detecting whether racial homophily is on the rise and also whether the economic divide (i.e., the gap between individuals with different education levels and thereby with different abilities to generate…
The classical stable marriage problem asks for a matching between a set of men and a set of women with no blocking pairs, which are pairs formed by a man and a woman who would both prefer switching from their current status to be paired up…