Matching In Groups: A Theoretical and Empirical Study

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Abstract/Contents

Abstract
We study the matching of workers to firms when workers have preferences over being matched with their colleagues. We extend existing results by considering that workers want to be matched in groups of friends, and these groups of friends partition the set of workers. Rather than agents having preferences over their own side of the market, they have a pre-determined set of agents with whom they want to be matched, and we want to keep these groups intact to whatever extent we can. We then propose several algorithms to match agents in groups, and we analyze the stability and other desirable properties of the matchings. We develop an algorithm to find a stable matching in the case of all workers in a group having the same preferences, all groups being the same size, and all firms having the same capacity. However, if any of these three conditions fail to hold, then there may not exist a stable matching for workers who want to be matched in groups. We include numerical results in the case of matchings that are almost stable. We examine an actual market to which we can apply our model and demonstrate how one of our algorithms does a better job of matching agents in groups.

Description

Type of resource text
Date created May 2013

Creators/Contributors

Author Hogan, Virginia
Primary advisor Kojima, Fuhito
Degree granting institution Stanford Department of Economics

Subjects

Subject Stanford Department of Economics
Subject market design
Subject sororities
Subject microeconomics
Subject deferred acceptance
Subject two-sided matching
Subject coalition formation.
Genre Thesis

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User agrees that, where applicable, content will not be used to identify or to otherwise infringe the privacy or confidentiality rights of individuals. Content distributed via the Stanford Digital Repository may be subject to additional license and use restrictions applied by the depositor.

Preferred citation

Preferred Citation
Hogan, Virginia. (2013). Matching In Groups: A Theoretical and Empirical Study. Stanford Digital Repository. Available at: https://purl.stanford.edu/hh154jt4803

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Stanford University, Department of Economics, Honors Theses

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