Stable and Extremely Unequal
Abstract
We highlight the tension between stability and equality in non transferable utility matching. We consider many to one matchings and refer to the two sides of the market as students and schools. The latter have aligned preferences, which in this context means that a school's utility is the sum of its students' utilities. We show that the unique stable allocation displays extreme inequality between matched pairs.
Domains
Economics and Finance
Fichier principal
2021_galichon_ghelfi_henry_stable_and_extremely_unequal.pdf (281.31 Ko)
Télécharger le fichier
Origin : Files produced by the author(s)