Shapley–Gale theorem

E612745

The Shapley–Gale theorem is a foundational result in cooperative game theory that characterizes stable outcomes in assignment and matching problems, underpinning much of modern market design and matching theory.

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Shapley–Gale theorem canonical 1

Statements (25)

Predicate Object
instanceOf result in cooperative game theory
theorem
appliesTo assignment games
two-sided matching markets
assumption transferable utility in assignment games
characterizes stable matchings
concerns assignment problems
matching problems
stable outcomes
coreIdea stable outcomes correspond to core allocations in assignment games
field cooperative game theory
market design
matching theory
framework cooperative games with transferable utility
guarantees existence of stable outcomes in certain matching models
influenced design of matching mechanisms
theory of stable matchings
namedAfter David Gale NERFINISHED
Lloyd Shapley NERFINISHED
provides characterization of the core in assignment games
relatedTo Gale–Shapley algorithm NERFINISHED
Shapley–Shubik assignment game NERFINISHED
usedFor analysis of matching markets with monetary transfers
usedIn matching theory
modern market design

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David Gale notableWork Shapley–Gale theorem