Two-Sided Random Matching Markets: Ex-Ante Equivalence of the Deferred Acceptance Procedures

Stable matching in a community consisting of $N$ men and $N$ women is a classical combinatorial problem that has been the subject of intense theoretical and empirical study since its introduction in 1962 in a seminal paper by Gale and Shapley. When the input preference profile is generated from a di...

Full description

Saved in:
Bibliographic Details
Published inIDEAS Working Paper Series from RePEc
Main Author Mauras, Simon
Format Paper
LanguageEnglish
Published St. Louis Federal Reserve Bank of St. Louis 01.01.2020
Online AccessGet full text

Cover

More Information
Summary:Stable matching in a community consisting of $N$ men and $N$ women is a classical combinatorial problem that has been the subject of intense theoretical and empirical study since its introduction in 1962 in a seminal paper by Gale and Shapley. When the input preference profile is generated from a distribution, we study the output distribution of two stable matching procedures: women-proposing-deferred-acceptance and men-proposing-deferred-acceptance. We show that the two procedures are ex-ante equivalent: that is, under certain conditions on the input distribution, their output distributions are identical. In terms of technical contributions, we generalize (to the non-uniform case) an integral formula, due to Knuth and Pittel, which gives the probability that a fixed matching is stable. Using an inclusion-exclusion principle on the set of rotations, we give a new formula which gives the probability that a fixed matching is the women/men-optimal stable matching. We show that those two probabilities are equal with an integration by substitution.
Bibliography:content type line 50
SourceType-Working Papers-1
ObjectType-Working Paper/Pre-Print-1