Template-type: ReDif-Paper 1.0
Author-Name: Klaus Bettina 
Author-Name: Klijn Flip 
Author-workplace-name: METEOR
Title: Smith and Rawls Share a Room
Abstract: We consider one-to-one matching (roommate) problems in which agents (students) can either be matched as pairs or remain single. The aim of this paper is twofold. First, we review a key result for roommate problems (the “lonely wolf” theorem) for which we provide a concise and elementary proof. Second, and related to the title of this paper, we show how the often incompatible concepts of stability (represented by the political economist Adam Smith) and fairness (represented by the political philosopher John Rawls) can be reconciled for roommate problems.
Keywords: microeconomics ; 
Series: Research Memoranda
Creation-Date: 2007
Number: 026
File-URL: http://digitalarchive.maastrichtuniversity.nl/fedora/objects/guid:344d336c-12fc-464f-9d84-17591be580fe/datastreams/ASSET1/content
File-Format: application/pdf
File-Size: 211358
Handle: RePEc:unm:umamet:2007026