Stable Menus of Public Goods: A Matching Problem

Fuente: arXiv
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Auteurs principaux: Fish, Sara, Gonczarowski, Yannai A., Hart, Sergiu
Format: Preprint
Publié: 2024
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author Fish, Sara
Gonczarowski, Yannai A.
Hart, Sergiu
author_facet Fish, Sara
Gonczarowski, Yannai A.
Hart, Sergiu
contents We study a matching problem between agents and public goods, in settings without monetary transfers. Since goods are public, they have no capacity constraints. There is no exogenously defined budget of goods to be provided. Rather, each provided good must justify its cost by being utilized by sufficiently many agents, leading to strong complementarities in the "preferences" of goods. Furthermore, goods that are in high demand given other already-provided goods must also be provided. The question of the existence of a stable solution (a menu of public goods to be provided) exhibits a rich combinatorial structure. We uncover sufficient conditions and necessary conditions for guaranteeing the existence of a stable solution, and derive both positive and negative results for strategyproof stable matching.
format Preprint
id arxiv_https___arxiv_org_abs_2402_11370
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Stable Menus of Public Goods: A Matching Problem
Fish, Sara
Gonczarowski, Yannai A.
Hart, Sergiu
Computer Science and Game Theory
Theoretical Economics
Combinatorics
We study a matching problem between agents and public goods, in settings without monetary transfers. Since goods are public, they have no capacity constraints. There is no exogenously defined budget of goods to be provided. Rather, each provided good must justify its cost by being utilized by sufficiently many agents, leading to strong complementarities in the "preferences" of goods. Furthermore, goods that are in high demand given other already-provided goods must also be provided. The question of the existence of a stable solution (a menu of public goods to be provided) exhibits a rich combinatorial structure. We uncover sufficient conditions and necessary conditions for guaranteeing the existence of a stable solution, and derive both positive and negative results for strategyproof stable matching.
title Stable Menus of Public Goods: A Matching Problem
topic Computer Science and Game Theory
Theoretical Economics
Combinatorics
url https://arxiv.org/abs/2402.11370