Truthfulness in stable marriage

Assignment Help Business Economics
Reference no: EM13801625

Problem 1: Truthfulness in Stable Marriage

This problem explores the issue of truthfulness in the Stable Matching Problem and specifically in the Gale-Shapley algorithm. The basic question is: can a man or a woman end up better off by lying about his or her preferences? More concretely, suppose each participant has a true preference order. Now consider a woman w. Suppose w prefers man m to m', but both m and m' are low on her list of preferences. Can it be the case that by switching the order of m and m' on her list of preferences (i.e., by falsely claiming that she prefers m' to m) and running the algorithm with this false preference list, w will end up with a man m'' that she truly prefers to both m and m' ? (We can ask the same question for men but will focus on the case of women for the purposes of this question.)

Resolve this question by doing one of the following two things:

(a) Give a proof that, for any set of preference lists, switching the order of a pair on the list cannot improve a woman's partner in the Gale-Shapley algorithm; or

(b) Give an example of a set of preference list for which there is a switch that would improve the partner of a woman who switched preferences.

Reference no: EM13801625

Questions Cloud

Flight attendants receive a pay increase : Please label the x and y axes, the supply & demand curves and the equilibrium points. You do not need to use any actual numbers. Then, analyze how the changes described in each case affect the equilibrium price and quantity of airline tickets for eac..
Define monetary and fiscal policy : Please define monetary and fiscal policy. What are the key components of each policy? List several strengths and weaknesses of each. Based on what you have learned in class, which policy is more appropriate to manage economic performance or an econom..
Bailout for an industry such as financial or automotive : What are the advantages and disadvantages of a “bailout” for an industry such as financial or automotive? Please give several examples and document any sources/data as appropriate. What is your opinion about government involvement and financial suppo..
Assume that due to an increase in the federal minimum wage : On the left show the market for potatoes and how the competitive market price for potatoes is determined by supply and demand. 2. Now act as if you are a potato farmer in the Midwest of the United States. Assume that due to an increase in the federal..
Truthfulness in stable marriage : This problem explores the issue of truthfulness in the Stable Matching Problem and specifically in the Gale-Shapley algorithm. The basic question is: can a man or a woman end up better off by lying about his or her preferences? More concretely, suppo..
How often should the employee be monitored : Under which circumstances do you think an employee should be monitored? Based on the circumstances you have identified, how often should the employee be monitored?
Relating to the new trade theory and strategic trade policy : Whose interests should be the paramount concern of government trade policy - the interests of producers (businesses and their employees) or those of consumers? Given the arguments relating to the new trade theory and strategic trade policy, what kind..
Diagram of the market for money and the aggregate supply/ : Draw, side by side, a diagram of the market for money and the aggregate supply/ aggregate demand to illustrate how inflation is created. Initiate the process in the AS-AD diagram with negative supply shock that the central bank decides to "accommodat..
Explain why savings is unlikely to equal intended investment : Explain why savings is unlikely to equal intended investment in the Keynesian model. Equilibrium GDP is $5000 while full employment is $6000. What kind of gap is this? What would the Keynesians say the government should do?

Reviews

Write a Review

Business Economics Questions & Answers

  How the strength of the economy as a whole could affect

Elucidate how the strength of the economy as a whole could affect the marginal benefits also the marginal costs associated with a decision to purchase a home.

  Whats the potential consequence of this policy on home

Government sometimes restricts international borrowing and lending by taxing them. In a two-period, two-country endowment model, if the Home's position is r^A

  Initial increase in aggregate demand

then an initial increase in aggregate demand of $100 billion will eventually shift the aggregate demand curve to the right by.

  What is expected amount of return investment will produce

Assume that an investment is forcasted to produce the following returns: a 20% probability of a $1200 return; 50% probabilty of a $5600 return and 30% probabilty of $9500 return. What is the expected amount of return this investment will produce?

  Discuss how elasticities should be used in pricing decision

Discuss how elasticities should be used in pricing decisions. If you were responsible for setting the price of these volumes, what would you choose and why.

  Q1 on april 1 1996 taco bell the fast-food chain ran a

q1. on april 1 1996 taco bell the fast-food chain ran a full-page as in the new york times with this news in an effort

  Illustrates bootleggers and baptists story

Pick a policy issue which illustrates bootleggers and Baptists story. Who is who. What enables persistence of relationship. You may find this podcast helpful in understanding concepts and providing examples.

  Repair the damage from climate change

Suppose that the government is debating whether to spend $100 billion today to address climate change.

  Television network will allow national motors

A television network will allow National Motors to advertise its claim if the appropriate null hypothesis can be rejected

  Q1 illustrate the basis of tension between cooperation and

q1. illustrate the basis of tension between cooperation and self-interest in a market characterized by oligopoly. use

  Industry characterized by strong economies of scale

How is efficiency related to the number of firms in an industry characterized by strong economies of scale? Efficiency is unrelated to the number of firms in the industry and therefore unrelated to economies of scale.

  An economic model and a good economic model

An economic model and A good economic model

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd