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We study the problem of allocating objects among people. We consider cases where each object is initially owned by someone, no object is initially owned by anyone, and combinations of the two. The problems we look at are those where each person has a need for exactly one object and initially...
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We study problems of allocating objects among people. Some objects may be initially owned and the rest are unowned. Each person needs exactly one object and initially owns at most one object. We drop the common assumption of strict preferences. Without this assumption, it suffices to study...
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Many centralized matching markets are preceded by interviews between participants, including the residency matches between doctors and hospitals. Due to the COVID-19 pandemic, interviews in the National Resident Matching Program were switched to a virtual format, which resulted in a dramatic and...
Persistent link: https://www.econbiz.de/10014536970
We specify and compute equilibria of a dynamic policy-making game between a president and a legislature under insitutional rules that emulate those of the US Constitution. Policies are assumed to lie in a two-dimensional space in which one issue dimension captures systemic differences in...
Persistent link: https://www.econbiz.de/10005698228
I study a model where people can be matched in fractions. That is to say, whether a pair is matched is not a binary matter. They can be matched with some intensity. Each has a fixed availability: the total intensity with which he is matched to his partners. I propose a notion of competitive...
Persistent link: https://www.econbiz.de/10014183372
We study the problem of locating a single public good along a segment when agents have single-dipped preferences. We ask whether there are unanimous and strategy-proof rules for this model. The answer is positive and we characterize all such rules. We generalize our model to allow the set of...
Persistent link: https://www.econbiz.de/10014183374
We study the problem of rationing a divisible good among a group of people. Each person’s preferences are characterized by an ideal amount that he would prefer to receive and a minimum quantity that he will accept: any amount less than this threshold is just as good as receiving nothing at...
Persistent link: https://www.econbiz.de/10014183376