  We study the stable matching problem in non-bipartite graphs with incomplete
but strict preference lists, where the edges have weights and the goal is to
compute a stable matching of minimum or maximum weight. This problem is known
to be NP-hard in general. Our contribution is two fold: a polyhedral
characterization and an approximation algorithm. Previously Chen et al. have
shown that the stable matching polytope is integral if and only if the subgraph
obtained after running phase one of Irving's algorithm is bipartite. We improve
upon this result by showing that there are instances where this subgraph might
not be bipartite but one can further eliminate some edges and arrive at a
bipartite subgraph. Our elimination procedure ensures that the set of stable
matchings remains the same, and thus the stable matching polytope of the final
subgraph contains the incidence vectors of all stable matchings of our original
graph. This allows us to characterize a larger class of instances for which the
weighted stable matching problem is polynomial-time solvable. We also show that
our edge elimination procedure is best possible, meaning that if the subgraph
we arrive at is not bipartite, then there is no bipartite subgraph that has the
same set of stable matchings as the original graph. We complement these results
with a $2$-approximation algorithm for the minimum weight stable matching
problem for instances where each agent has at most two possible partners in any
stable matching. This is the first approximation result for any class of
instances with general weights.
