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We study many-to-one matching markets where hospitals have responsive preferences over students. We study the game induced by the student-optimal stable matching mechanism. We assume that students play their weakly dominant strategy of truth-telling.
Persistent link: https://www.econbiz.de/10011049696
Although no stable matching mechanism can induce truth-telling as a dominant strategy for all participants (Roth, 1982), recent studies have presented conditions under which truthful reporting by all agents is close to optimal (Immorlica and Mahdian, 2005; Kojima and Pathak, 2009; Lee, 2011). Our...
Persistent link: https://www.econbiz.de/10010931197
Recent work has highlighted welfare gains from the use of the Boston mechanism over deferred acceptance (DA) in school … as social planners whose goal is to maximize the overall ex-ante welfare of the students. …
Persistent link: https://www.econbiz.de/10010577249
We analyzed the market for indivisible, pure status goods. Firms produce and sell different brands of pure status goods to a population that is willing to signal individual abilities to potential matches in another population. Individual status is determined by the most expensive status good one...
Persistent link: https://www.econbiz.de/10010719494
We introduce a framework of electoral competition in which voters have general preferences over candidatesʼ immutable characteristics (such as gender, race or previously committed policy positions) as well as their policy positions, which are flexible. Candidates are uncertain about the...
Persistent link: https://www.econbiz.de/10011049805
We model a common pool resource game under environmental uncertainty, where individuals in a symmetric group face the dilemma of sharing a common resource. Each player chooses a consumption level and obtains a corresponding share of that resource, but if total consumption exceeds a sustainable...
Persistent link: https://www.econbiz.de/10011049848
A collective decision problem is described by a set of agents, a profile of single-peaked preferences over the real line and a number of public facilities to be located. We consider public facilities that do not suffer from congestion and are non-excludable. We characterize the class of rules...
Persistent link: https://www.econbiz.de/10011049862
When men and women are objectively ranked in a marriage problem, say by beauty, then pairing individuals of equal rank is the only stable matching. We generalize this observation by providing bounds on the size of the rank gap between mates in a stable matching in terms of the size of the...
Persistent link: https://www.econbiz.de/10011117123
We consider a pairwise kidney exchange model. Roth et al. (2005) define priority matchings of the model and introduce a mechanism to derive them. In this paper, we re-examine the priority matching. First, we consider a general priority ordering where multiple patients may hold equal priority. We...
Persistent link: https://www.econbiz.de/10011117129
This paper considers a simple equilibrium model of an imperfectly competitive two-sided matching market. Firms and workers may have heterogeneous preferences over matches on the other side, and the model allows for both uniform and personalized wages or contracts. To make the model tractable, I...
Persistent link: https://www.econbiz.de/10010738054