Matchings under preferences: Strength of stability and trade-offs

Jiehua Chen, Piotr Skowron, Manuel Sorge

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

10 Scopus citations

Abstract

We propose two solution concepts for matchings under preferences: robustness and near stability. The former strengthens while the latter relaxes the classic definition of stability by Gale and Shapley (1962). Informally speaking, robustness requires that a matching must be stable in the classic sense, even if the agents slightly change their preferences. Near stability, on the other hand, imposes that a matching must become stable (again, in the classic sense) provided the agents are willing to adjust their preferences a bit. Both of our concepts are quantitative; together they provide means for a fine-grained analysis of the stability of matchings. Moreover, our concepts allow the exploration of trade-offs between stability and other criteria of social optimality, such as the egalitarian cost and the number of unmatched agents. We investigate the computational complexity of finding matchings that implement certain predefined trade-offs. We provide a polynomial-time algorithm that, given agent preferences, returns a socially optimal robust matching, and we prove that finding a socially optimal and nearly stable matching is computationally hard.

Original languageEnglish
Title of host publicationACM EC 2019 - Proceedings of the 2019 ACM Conference on Economics and Computation
PublisherAssociation for Computing Machinery, Inc
Pages41-59
Number of pages19
ISBN (Electronic)9781450367929
DOIs
StatePublished - 17 Jun 2019
Externally publishedYes
Event20th ACM Conference on Economics and Computation, EC 2019 - Phoenix, United States
Duration: 24 Jun 201928 Jun 2019

Publication series

NameACM EC 2019 - Proceedings of the 2019 ACM Conference on Economics and Computation

Conference

Conference20th ACM Conference on Economics and Computation, EC 2019
Country/TerritoryUnited States
CityPhoenix
Period24/06/1928/06/19

Keywords

  • Approximation algorithms
  • Concepts of stability
  • Exact algorithms
  • NP-hardness
  • Parameterized complexity analysis
  • Stable matchings

ASJC Scopus subject areas

  • Economics and Econometrics
  • Statistics and Probability
  • Computer Science (miscellaneous)
  • Computational Mathematics
  • Marketing

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