Question

In: Economics

Consider a marriage problem with three men m1,m2,m3 and three women w1,w2,w3

Consider a marriage problem with three men m1,m2,m3 and three women w1,w2,w3. Suppose all men see all women as acceptable, and all women see all men as acceptable. Moreover, suppose that all men’s top choice is the same. If this is the case, at most how many stable matchings could there be?

Solutions

Expert Solution

Conditions given are -

  • Number of women = 3 (W1, W2 & W3)
  • Number of men = 3 (M1, M2 & M3)
  • All Men as well as all Women are acceptable to each other.
  • all men's top choice is the same.

According to last condition, all 3 men would choose one particular women who will become the top choice of all men. However, that one women will only choose one out of three men to marry. Suppose that the woman who is choosen by all men as their top choice is W1. Thus there are following stable matchings could possible -

  1. M1 – W1
  2. M2 – W1
  3. M3 – W1

Hence, 3 stable matchings could be possible.


Related Solutions

2. [10 pts] Consider a stable marriage instance with men M = {m1,m2,m3} and women W...
2. [10 pts] Consider a stable marriage instance with men M = {m1,m2,m3} and women W ={w1, w2, w3} having the following preference lists: m1 :w1 >w2 >w3m2 :w2 >w1 >w3m3 :w1 >w2 >w3 w1 :m2 >m1 >m3w2 :m1 >m2 >m3w3 :m1 >m2 >m3 If these preferences are given to the Gale-Shapley algorithm, what is the resulting set of marriages? Now, suppose w1 decides to lie to the algorithm about her preferences and instead submits the list w1 : m2...
Derive the optimal portfolio weights, {w1,w2, w3} for 3-asset case.Hint: Solve the following constraint...
Derive the optimal portfolio weights, {w1, w2, w3} for 3-asset case.Hint: Solve the following constraint optimization problem:        min σ2p = [w21σ21 + w22σ22 + w23σ23] + 2w1w2σ12 + 2w1w3σ13 + 2w2w3σ23      w1,w2,w3                                                       (l) w1E(r˜1) + w2E(r˜2) + w3E(r˜3) = E(r˜p)                        s.t           (g) w1 + w2 + w3=1Derive the optimal portfolio variance, σ*p2
Let W be a subspace of R^n and suppose that v1,v2,w1,w2,w3 are vectors in W. Suppose...
Let W be a subspace of R^n and suppose that v1,v2,w1,w2,w3 are vectors in W. Suppose that v1; v2 are linearly independent and that w1;w2;w3 span W. (a) If dimW = 3 prove that there is a vector in W that is not equal to a linear combination of v1 and v2. (b) If w3 is a linear combination of w1 and w2 prove that w1 and w2 span W. (c) If w3 is a linear combination of w1 and...
IncorrectQuestion 6 0 / 1 pts Use the following information: Probability w1 w2 w3 state1 0.3333333...
IncorrectQuestion 6 0 / 1 pts Use the following information: Probability w1 w2 w3 state1 0.3333333 15.00% 8.00% 3.00% state2 0.3333333 9.00% 5.00% 8.00% state3 0.3333333 12.00% 7.00% 4.00% % wealth invested 33.3333% 33.3333% 33.3333% What is the expected standard deviation on the portfolio made up of all three assets over the next period?    between .60% and .70%    between .55% and .60%    greater than .80%    less than .55%
IncorrectQuestion 4 0 / 1 pts Use the following information: Probability w1 w2 w3 state1 0.3333333...
IncorrectQuestion 4 0 / 1 pts Use the following information: Probability w1 w2 w3 state1 0.3333333 15.00% 8.00% 3.00% state2 0.3333333 9.00% 5.00% 8.00% state3 0.3333333 12.00% 7.00% 4.00% % wealth invested 33.3333% 33.3333% 33.3333% What is the correlation coefficient involving the first two assets?:    between 75% and 80%    less than 75%    greater than 90%    between 85% and 90%
IncorrectQuestion 7 0 / 1 pts Use the following information: Probability w1 w2 w3 state1 0.3333333...
IncorrectQuestion 7 0 / 1 pts Use the following information: Probability w1 w2 w3 state1 0.3333333 15.00% 8.00% 3.00% state2 0.3333333 9.00% 5.00% 8.00% state3 0.3333333 12.00% 7.00% 4.00% % wealth invested 33.3333% 33.3333% 33.3333% Assuming that the market rate of return over the next year is expected to be 6.5% and that the risk-free rate is expected to be 2.5%, what must the beta for security A be in order for the CAPM to hold?    between 2.3 and...
Three blocks of unknown mass m1 = 1.0 kg, m2 = 2.0 kg, and m3 =...
Three blocks of unknown mass m1 = 1.0 kg, m2 = 2.0 kg, and m3 = 3.0 kg are on a frictionless horizontal surface as shown on the figure below. The blocks are connected by ideal, massless strings. A force FL = 12 N is applied to the left block and is directed to the left. A force FR = 33 N is applied to the right block, and is directed to the right. Find the tensions T12 and T23,...
Formula for Problem W1 in year 1; W2 in year 2 only to those retained W1...
Formula for Problem W1 in year 1; W2 in year 2 only to those retained W1 < W2 • Value of E-types applying = W1 + q•W2 + (1–q)•WE • Alternative for E-types = 2•WE • Value of D-types applying = W1 + (1-q)•W2 + q•WD • Alternative for D-types = 2•WD 1. Lorne Roberts Corp. has invested a lot of money in their employee screening process over the last few years for computer technicians. This company can assess whether...
This is a three part problem. This is the second part. A trapezoidal (m1= m2 =...
This is a three part problem. This is the second part. A trapezoidal (m1= m2 = sqrt(3 )) channel is made of finished concrete. The channel slope is 30° below the horizontal, and the water flow rate is 5 cfs. Find the Froude number.
Describe M1, M2, and M3. Which is considered as the Money Supply?
Describe M1, M2, and M3. Which is considered as the Money Supply?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT