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We consider school choice problems (Abdulkadiroglu and Sönmez, 2003) where students are assigned to public schools through a centralized assignment mechanism. We study the family of so-called rank-priority mechanisms, each of which is induced by an order of rank-priority pairs. Following the...
Persistent link: https://www.econbiz.de/10012955586
We develop a method to measure the fairness of school matching mechanisms and apply it to the Boston mechanism used in the Chinese college admissions system. Fairness is measured by mismatch, or the gap between the actual and fair matching outcomes. An individual's mismatch is then related to...
Persistent link: https://www.econbiz.de/10012965068
Decisions agents make before and after matching can be strategically linked through the match. We demonstrate this linkage in a game where universities either force students to commit to majors before matriculating or allow students to pick majors during their studies. The interaction between...
Persistent link: https://www.econbiz.de/10012904631
In this paper, we consider a house allocation with existing tenants model in which each transaction is costly for the central authority, a housing office. We compare two widely studied mechanisms, deferred acceptance (DA) and top trading cycles (TTC), based on their costs for the housing...
Persistent link: https://www.econbiz.de/10013088865
The literature on school choice assumes that families can submit a preference list over all the schools they want to be assigned to. However, in many real-life instances families are only allowed to submit a list containing a limited number of schools. Subjects' incentives are drastically...
Persistent link: https://www.econbiz.de/10014206232
The literature on school choice assumes that families can submit a preference list over all the schools they want to be assigned to. However, in many real-life instances families are only allowed to submit a list containing a limited number of schools. Subjects' incentives are drastically...
Persistent link: https://www.econbiz.de/10008811033
We propose a solution to the trade-off between Pareto efficiency and stability in matching markets. We define a matching to be essentially stable if any claim initiates a chain of reassignments that ultimately results in the initial claimant losing the object she claimed to a third agent. Our...
Persistent link: https://www.econbiz.de/10012935844
In a family context with endogenous timing, multiple public goods and alternative parental instruments, we show that the optimal timing for the sequential-action game played by rotten kids and a parent depends crucially on whether the kids are homogeneous or heterogeneous. For homogeneous kids,...
Persistent link: https://www.econbiz.de/10011602726
We consider the problem where agents bargain over their shares of a perfectly divisible commodity. The aim of this paper is to identify the class of bargaining solutions induced by dominant strategy implementable allocation rules. To this end, we characterize the class of dominant strategy...
Persistent link: https://www.econbiz.de/10014041039
We consider several notions of setwise stability for many-to-many matching markets with contracts and provide an analysis of the relations between the resulting sets of stable allocations for general, substitutable, and strongly substitutable preferences. Apart from obtaining "set inclusion...
Persistent link: https://www.econbiz.de/10014047181