Lloyd Shapley's Matching and Game Theory

20 Pages Posted: 20 Jun 2013

Date Written: July 2013


This is a survey of Lloyd Shapley's contributions to matching theory and game theory in general, starting with the work that inspired the Swedish Academy to award the 2012 Nobel Memorial Prize in Economic Sciences to Lloyd Shapley and Alvin Roth.

Keywords: Assignment, balancedness, convex games, core, deferred‐acceptance algorithm, fictitious play, market games, matching, potential games, repeated games, Shapley value, stochastic games, strategic market games, top‐trading cycles algorithm

JEL Classification: C71, C72, C73, C78, D83

Suggested Citation

Serrano, Roberto, Lloyd Shapley's Matching and Game Theory (July 2013). The Scandinavian Journal of Economics, Vol. 115, Issue 3, pp. 599-618, 2013. Available at SSRN: https://ssrn.com/abstract=2282334 or http://dx.doi.org/10.1111/sjoe.12012

Roberto Serrano (Contact Author)

Brown University ( email )

64 Waterman Street
Providence, RI 02912
United States
401-863-1036 (Phone)
401-863-1970 (Fax)

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