Outside the market slides 14 stability

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7 Terms

1
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A matching is stable if

1) it is individually rational and 2)

there are no blocking pairs

2
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We may not expect an unstable matching to last long.

-A blocking pair will find each other.

-A person in an unacceptable match will break it.

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Gneral features for stability Theorem

here is always at least one stable matching.

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Theorem

Among all the stable matchings, there are

-one that is the favorite of all women (humanoids, etc.)

-one that is the favorite of all men (droids, etc.)

5
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Algorithm

= mechanism / procedure / recipe / protocol

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Woman-proposing Deferred Acceptance algorithm

-1:each woman proposes to her highest-ranked

acceptable man. (If there isn't one, she proposes to herself.)

-2: each woman crosses off any man who rejected her,

and then she proposes to her highest-ranked remaining

acceptable man. (If there isn't one, she proposes to herself.)

-3:Repeat until a step where no woman's proposal is rejected ⇒

that's the matching.

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Man-proposing Deferred Acceptance algorithm

-Just like the woman-proposing DA algorithm, except that the

roles are switched.

-In the example, the man-proposing DA algorithm yields the

same matching as the woman-proposing DA algorithm.

(Check. How many steps?)

That won't always be the case.