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Two-sided Random Matching Markets: Ex-ante Equivalence of the Deferred Acceptance Procedures

Published:13 July 2020Publication History

ABSTRACT

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.

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              cover image ACM Conferences
              EC '20: Proceedings of the 21st ACM Conference on Economics and Computation
              July 2020
              937 pages
              ISBN:9781450379755
              DOI:10.1145/3391403

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              • Published: 13 July 2020

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