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students prefer DCA whereas higher ability students prefer CCA. The main qualitative predictions of the theory are supported by …
Persistent link: https://www.econbiz.de/10010413636
of the theory are supported by a lab experiment designed to test the theory, yet we find a number of differences that …
Persistent link: https://www.econbiz.de/10011437881
theory are supported by a lab experiment designed to test the theory, yet we find a number of differences that render DCA …
Persistent link: https://www.econbiz.de/10012138431
structure of a matching. This paper argues that, under indifferences, also weak blockings should be considered when these … obtained. -- Pareto-optimal ; stable matching ; Pareto-stable matching ; simple matching ; Pareto-simple matching …
Persistent link: https://www.econbiz.de/10003809385
Starting with an initial price vector, prices are adjusted in order to eliminate the demand excess and at the same time to keep the transfers to the sellers as low as possible. In each step of the auction, to which sellers should those transfers be made (minimal overdemanded sets) is the key...
Persistent link: https://www.econbiz.de/10010284074
of steps. We use elementary tools of graph theory and a representation theorem obtained here. …
Persistent link: https://www.econbiz.de/10010350435
I provide a brief introduction to the early literatures on Matching, Auctions, and Market Design.The design of matching … markets and auctions has brought economic theory and practice together. Indeed, this is an area where microeconomic theory has … this, these are arenas where economic theory has directly shaped institutions ranging from the systems by which students …
Persistent link: https://www.econbiz.de/10013082184
We consider several notions of setwise stability for many-to-many matching markets with contracts and provide an …
Persistent link: https://www.econbiz.de/10014047181
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 …
Persistent link: https://www.econbiz.de/10012965068
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