Scandinavian Working Papers in Economics

Working Papers,
Lund University, Department of Economics

No 2011:29: On symmetry in the formation of stable partnerships

Jens Gudmundsson ()
Additional contact information
Jens Gudmundsson: Department of Economics, Lund University, Postal: Department of Economics, School of Economics and Management, Lund University, Box 7082, S-220 07 Lund, Sweden

Abstract: In this note, we examine the connection between the roommate model and the partnership formation model (Talman and Yang, 2011, Journal of Mathematical Economics 47, 206-212). Upon noting that both occasionally lack equilibria we look at the stable partnerships model, a combination of the former models and interpretable as one with a social planner. We find two sufficient conditions for the existence of stable matchings in the stable partnerships model, where one relates to efficiency, and one (the symmetry condition) to fairness. Finally, we provide examples from the fair sharing literature on dividing common values that satisfy the symmetry condition.

Keywords: One-sided matching; partnership formation; symmetry condition; stability

JEL-codes: C62; D02; D60

7 pages, September 30, 2011

Full text files

WP11_29.pdf PDF-file 

Download statistics

Questions (including download problems) about the papers in this series should be directed to David Edgerton ()
Report other problems with accessing this service to Sune Karlsson ().

This page generated on 2018-02-06 14:12:34.