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-allocating agency are encoded as edge weights in the acceptability graph. The welfare of an allocation is the sum of its edge weights …. We introduce the constrained welfare-maximizing solution, which is the allocation of highest welfare among the Pareto …-world instance of kindergarten allocation and large-scale simulated instances. Incentives to report preferences truthfully are …
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This study investigates efficient and strategy‐proof mechanisms for allocating indivisible goods under constraints. First, we examine a setting without endowments. In this setting, we introduce a class of constraints-ordered accessibility-for which the serial dictatorship (SD) mechanism is...
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In a two-sided matching market when agents on both sides have preferences the stability of the solution is typically … challenging to reconcile in practice. In this paper we describe two real applications, a project allocation problem and a workshop … different applications, such as resident allocation with lower quotas, controlled school choice or college admissions with …
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I investigate three goals of school choice: student welfare, encouraging neighborhood schools, and diversity. I develop a framework for finding the optimal match for any combination of these objectives while respecting stability and incentive compatibility. I then apply my framework to data from...
Persistent link: https://www.econbiz.de/10012950942
We provide priority-constrained versions of the ordinal efficiency welfare theorem for school choice lotteries. Moreover, we show that a constrained version of a cardinal second welfare theorem fails to hold, but can be restored for a relaxed notion of equilibrium with priority-specific prices
Persistent link: https://www.econbiz.de/10012853378
We study a natural generalization of the maximum weight many-to-one matching problem. We are given an undirected … maximum weight many-to-one matching satisfying two sets of constraints: vertices in A are incident to at most one matching … edge, while vertices in P are either unmatched or they are incident to a number of matching edges between their lower and …
Persistent link: https://www.econbiz.de/10011757194