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College Admissions and the Stability of Marriage

This year, the Nobel Prize in Economic Sciences was awarded jointly to economist Alvin E. Roth and mathematician Lloyd S. Shapley for their work on market design and matching theory, which relate to how people and companies find and select one another in everything from marriage to school choice to jobs to organ donations. Shapley first developed his ideas on analyzing resource allocation in a classic early paper co-authored with David Gale titled "College Admissions and the Stability of Marriage". Recently, the Mathematical Association of America plucked this 1962 article out of their fine archives and placed it online for the general public. Today, the article remains one of the American Mathematical Monthly's most cited works.
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2012-12-07 13:27:50
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2012-12-10 11:40:35
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