Research output

"Fair marriages": An impossibility

Research output: Contribution to journalArticleAcademicpeer-review

Associated researcher

  • Klaus, B. E.

Associated organisations

Abstract

For marriage markets [Gale, D. and Shapley, L.S., 1962, College admissions and the stability of marriage, American Mathematical Monthly 69, 9–15.] so-called fair matchings do not always exist. We show that restoring fairness by using monetary transfers is not always possible: there are marriage markets where no amount of money can guarantee the existence of a fair allocation.
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Details

Original languageEnglish
Pages (from-to)74-75
Number of pages2
JournalEconomics Letters
Volume105
Issue number1
DOIs
Publication statusPublished - 1 Jan 2009