Showing 251 - 260 of 362
We consider the problem of assigning students to schools on the basis of priorities. Students are allowed to have equal priority at a school. We characterize the efficient rules which weakly/strongly respect students’ priorities. When priority orderings are not strict, it is not possible to...
Persistent link: https://www.econbiz.de/10005729693
We provide new characterization results for the value of games in partition function form. In particular, we use the potential of a game to dene the value. We also provide a characterization of the class of values which satises one form of reduced game consistency.
Persistent link: https://www.econbiz.de/10005729776
We consider entry-level medical markets for physicians in the United Kingdom. These markets experienced failures which led to the adoption of centralized market mechanisms in the 1960's. However, different regions introduced different centralized mechanisms. We advise physicians who do not have...
Persistent link: https://www.econbiz.de/10005729893
We identify necessary and sufficient conditions for the choice set from every subset A of a (finite) universal set X to coincide with the top cycle in A of some fixed tournament on X.
Persistent link: https://www.econbiz.de/10005731943
We consider private good economies with single-plateaued preferences. A solution selects for each preference profile a non-empty set of allocations. An agent strictly prefers a set of allocations to another set of allocations if and only if he strictly prefers any allocation in the first set to...
Persistent link: https://www.econbiz.de/10005596553
The requirement that a voting procedure be immune to the strategic withdrawal of a candidate for election can be formalized in different ways. Dutta, Jackson, and Le Breton (Econometrica, 2001) have recently shown that two formalizations of this candidate stability property are incompatible with...
Persistent link: https://www.econbiz.de/10005597880
Persistent link: https://www.econbiz.de/10005753400
Ehlers and Klaus (2003) study so-called house allocation problems and claim to characterize all rules satisfying efficiency, independence of irrelevant objects, and resource-monotonicity on two preference domains (Ehlers and Klaus, 2003, Theorem 1). They explicitly prove Theorem 1 for preference...
Persistent link: https://www.econbiz.de/10005754934
We study a simple model of assigning indivisible objects (e.g., houses, jobs, offices, etc.) to agents. Each agent receives at most one object and monetary compensations are not possible. We completely describe all rules satisfying efficiency, independence of irrelevant objects, and...
Persistent link: https://www.econbiz.de/10005755731
We study a simple model of assigning indivisible objects (e.g., houses, jobs, offices, etc.) to agents. Each agent receives at most one object and monetary compensations are not possible. We completely describe all rules satisfying efficiency and resource-monotonicity. The characterized rules...
Persistent link: https://www.econbiz.de/10005823868