Showing 1 - 10 of 29
In 1950, Nash's seminal paper introduced the axiomatic approach to the analysis of bargaining situations. Since then, many bargaining solutions have appeared and been axiomatically analyzed. The fact that agents, when face a bargaining problem, can come up with different solution concepts (that...
Persistent link: https://www.econbiz.de/10010991670
This paper studies the sequential mechanisms which mimic matching procedures formany-to-one-real-life matching markets. We provide a family of mechanisms implementing thestudent´ optimal allocation in subgame perfect equibrium.
Persistent link: https://www.econbiz.de/10005515906
This paper introduces a property over agents' preferences, called Tops Responsiveness Condition. Such a property guarantees that the core in Hedonic Coalition Formation games is not empty. It is also shown that a mechanism exists that selects a stable allocation. It turns out that this...
Persistent link: https://www.econbiz.de/10005515913
This paper studies simple hiring procedures for job markets. We show that when agents act strategically only individually rational outcomes should be expected. Moreover, If agents can form unions, thereby gaining the possibility to commit on the decision to be chosen, only stable allocations are...
Persistent link: https://www.econbiz.de/10005515948
Persistent link: https://www.econbiz.de/10005370568
This paper explores an old solution for bankruptcy problems, described by Ibn Ezra in the XII century. Particularly, we introduce a new way of extending the Ibn Ezra’s proposal, the Generalized Ibn Ezra solution, by imposing that the general distribution principle from which it is inspired...
Persistent link: https://www.econbiz.de/10005370864
type="main" xml:lang="en" <p>This paper studies a way of introducing affirmative action in the school choice problem to implement integration policies. The paper proposes the use of a natural two-step mechanism. The (equitable) first step is introduced as an adaptation of the deferred-acceptance...</p>
Persistent link: https://www.econbiz.de/10011085622
This paper provides an `escape route' from the efficiency-equity trade-off in the School Choice problem. We achieve our objective by presenting a weak notion of fairness, called τ-fairness, which is always satisfied by some allocation. Then, we propose the adoption of the Student Optimal...
Persistent link: https://www.econbiz.de/10011201269
This paper introduces tau-fairness as a compromise solution reconciling Pareto efficiency and equity in School Choice Problems. We show that, by considering a weak notion of equity that we refer to as lambda-equity, it is possible to contribute positively to solve an open debate, originated by...
Persistent link: https://www.econbiz.de/10010991659
This paper explores an integrated taxation system. Taking as a premise the proposals by the Carter Commission Report, we find out that proportional tax is the unique system that allows to neutrally integrate the taxable income. This analysis leads to explore new tax rules combining the extreme...
Persistent link: https://www.econbiz.de/10010991668