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Taisuke Matsubae |
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''Impossibility of Stable and Non-damaging bossy Matching Mechanism'' |
( 2010, Vol. 30 No.3 ) |
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In this paper we prove the impossibility of stability rules that satisfy a concept weaker than nonbossiness. Stability and nonbossiness are essential to matching theory. However, Kojima Fuhito(2010) shows that a matching mechanism that is both stable and nonbossy dose not exist. We define a new concept that is weaker than nonbossiness and consider whether or not stability and the new concept are compatible. Unfortunately, we show that these properties are incompatible.
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Keywords: matching, stability, non-damaging bossy, impossibility theorem.
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JEL: D6 - Welfare Economics: General |
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Manuscript Received : Apr 26 2010 | | Manuscript Accepted : Aug 12 2010 |
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