In the allocation of indivisible objects under weak priorities, a common practice is to break the ties using a lottery and randomize over deterministic mechanisms. Such randomizations usually lead to unfairness and inefficiency ex-ante. We propose and study the concept of ex-ante fairness for...

Observed international investment positions and cross-country heterogeneity in rates of return to capital are hard to reconcile with frictionless capital markets. In this paper, we develop a theory of international capital allocation: a multi-country dynamic spatial general equilibrium model in...

In Brazil, the debate on the role of parliamentary amendments (PAs) in federal funding for the Unified Health System (SUS) has gained prominence in recent years due to the increase in allocated amounts and the potential consequences for public access to health services, given the system's...