Probabilistic Analysis of Stable Matching in Large Markets with Siblings
Zhaohong Sun, Tomohiko Yokoyama, Makoto Yokoo

TL;DR
This paper analyzes the probability of stable matchings in large markets with sibling preferences, showing that stability becomes almost certain as market size grows, and introduces an improved algorithm for finding such matchings.
Contribution
It provides a probabilistic framework for understanding stability in large sibling-involved markets and refines an algorithm to reliably find stable matchings under high priority similarity.
Findings
Probability of stable matchings approaches 1 as market size increases.
Refined heuristic algorithm effectively finds stable matchings.
High priority similarity among daycare centers enhances stability detection.
Abstract
We study a practical centralized matching problem which assigns children to daycare centers. The collective preferences of siblings from the same family introduce complementarities, which can lead to the absence of stable matchings, as observed in the hospital-doctor matching problems involving couples. Intriguingly, stable matchings are consistently observed in real-world daycare markets, despite the prevalence of sibling applicants. We conduct a probabilistic analysis of large random markets to examine the existence of stable matchings in such markets. Specifically, we examine scenarios where daycare centers have similar priorities over children, a common characteristic in real-world markets. Our analysis reveals that as the market size approaches infinity, the likelihood of stable matchings existing converges to 1. To facilitate our exploration, we refine an existing heuristic…
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Taxonomy
TopicsGame Theory and Voting Systems · Game Theory and Applications
