"Fair marriages": An impossibility

B.E. Klaus*

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

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

Cite this