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We present a survey of the emerging literature on the design of matching markets. We survey the articles on discrete … resource allocation problems, their solutions, and their applications in three related domains. The first domain gives the … theoretical background regarding the basic models, namely house allocation and exchange problems. First, we investigate the …
Persistent link: https://www.econbiz.de/10014025686
We evaluate the goal of maximizing the number of individually rational assignments. We show that it implies incentive, fairness, and implementation impossibilities. Despite that, we present two classes of mechanisms that maximize assignments. The first are Pareto efficient, and undominated - in...
Persistent link: https://www.econbiz.de/10011793994
simplifies and unifies all the known equivalence results in the house allocation literature. Along the way, two new mechanisms … -- Partitioned Random Priority and Partitioned Random Endowment -- are introduced for the house allocation problem. These mechanisms … generalize widely studied mechanisms for the house allocation problem and may be appropriate for the many-to-one setting such as …
Persistent link: https://www.econbiz.de/10013141841
simplifies and unifies all the known equivalence results in the house allocation literature. Along the way, two new mechanisms … -- Partitioned Random Priority and Partitioned Random Endowment -- are introduced for the house allocation problem. These mechanisms … generalize widely studied mechanisms for the house allocation problem and may be appropriate for the many-to-one setting such as …
Persistent link: https://www.econbiz.de/10012462516
the Gale-Shapley Deferred Acceptance (DA) mechanism versus the Iterative Deferred Acceptance Mechanism (IDAM), a matching …
Persistent link: https://www.econbiz.de/10011574107
We introduce a new mechanism for matching students to schools or universities, denoted Iterative Deferred Acceptance …), the matching that is produced is the Student Optimal Stable Matching. Moreover, under imperfect information, students …
Persistent link: https://www.econbiz.de/10011586814
The allocation and exchange of discrete resources, such as transplant organs, pub- lic housing, dormitory rooms, and … our construction to show what can and what cannot be achieved in a variety of allocation and exchange problems, and we …
Persistent link: https://www.econbiz.de/10011704830
requirements at each Army branch in military cadet matching and diversity considerations in school choice, whereby school districts … properties. We expect the use of our mechanisms to improve the performance of matching markets with distributional constraints in …
Persistent link: https://www.econbiz.de/10011705212
We study the problem of assigning indivisible objects to agents where each is to receive one object. To ensure fairness in the absence of monetary compensation, we consider random assignments. Random Priority, also known as Random Serial Dictatorship, is characterized by symmetry, ex-post...
Persistent link: https://www.econbiz.de/10014515735
Recently dozens of school districts and college admissions systems around the world have reformed their admission rules. As a main motivation for these reforms the policymakers cited strategic flaws of the rules: students had strong incentives to game the system, which caused dramatic...
Persistent link: https://www.econbiz.de/10012843021