cs234r Markets for Networks and Crowds BRENDAN LUCIER, MICROSOFT RESEARCH NE NICOLE IMMORLICA, MICROSOFT RESEARCH NE Lecture 3: Itai Ashlagi, Yash Kanoria, and Jacob Leshno. Unbalanced Random Matching Markets: The Stark Effect of Competition, Journal of Political Economy, forthcoming. Unbalanced Markets: Setting: π men, π + π women, random complete preferences β’ Let π π π = ave. rank of matched men in π. β’ Let π π π = ave. rank of matched women in π. π1 : π€1 β» π€2 β» π€3 β» π€4 π2 : π€1 β» π€3 β» π€4 β» π€2 π€1 : π3 β» π2 β» π1 π€2 : π1 β» π2 β» π3 π3 : π€2 β» π€4 β» π€3 β» π€1 π€3 : π1 β» π3 β» π2 π€4 : π1 β» π2 β» π3 π = 1, π π π = 5 3 , π π π = 2. Unbalanced Markets: Let ππ (ππ ) be the man (woman)-opt. matching. Prior work [Pittelβ89], [Knuth-Motwani-Pittelβ90]: Proposing side does well in balanced (π = 0) markets. β’ Pr π π ππ > 32 ln π β 0 as π grows β’ πΈ π π ππ β€ ln π β’ πΈ π π ππ β€ π ln π Unbalanced Markets: Let ππ (ππ ) be the man (woman)-opt. matching. This paper: Short side does well in all stable matchings (π > 0). β’ π π π β€ 3 ln ππ , π π π β₯ 3 ln ππ π for any π And close to optimal. β’ π π ππ β€ 1 + π 1 π π ππ , β’ π π ππ β₯ 1 β π 1 π π ππ Simulation w/n=40 (the authors vary the # of men; this talk varies # of women) Simulation w/n=40 (the authors vary the # of men; this talk varies # of women) Core Idea: Rejection chains: Start from man-optimal ππ . Iteratively initiate rejection chains to reach ππ . Count total # proposals in process. Analysis: Let π = π€ βΆ π π€ best stable mate . When π€ β π receives a proposal, algorithm terminates. Improvement Cycle π π Analysis: Let π = π€ βΆ π π€ best stable mate . When π€ β π receives a proposal, algorithm terminates. π Terminal Phase π π Analysis: Let π = π€ βΆ π π€ best stable mate . When a π€ β π receives a proposal, canβt be stable. π Terminal Phase π π π π Analysis: Consider starting rejection chain from woman π€ who received most proposals in ππ . β’ Phase likely to be terminal since single woman accepts all proposals, but π€ only accepts those she prefers to the ones sheβs received. β’ Pr π picks π€ β Pr[π picks single] = 1 π β’ Expected length of chain β π. π large implies future rejection chains are short. INFORMAL Discussion: Simulations indicate results hold with correlation. INFORMAL Discussion: But advantage diminishes as correlation increases. INFORMAL Discussion: Similarly, paper shows impact of β’ Many-to-one β’ Short lists Question: What makes a side short?
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