Showing 1 - 10 of 21
We study procedurally fair matching mechanisms that produce stable matchings for the so-called marriage model of one-to-one, two-sided matching. Our main focus is on two such mechanisms: employment by lotto introduced by Aldershof et al. (1999) and the random order mechanism due to Roth and...
Persistent link: https://www.econbiz.de/10010547153
Using the assignment of students to schools as our leading example, we study many-to-one two-sided matching markets without transfers. Students are endowed with cardinal preferences and schools with ordinal ones, while preferences of both sides need not be strict. Using the idea of a competitive...
Persistent link: https://www.econbiz.de/10010851345
We study employment by lotto (Aldershof et al., 1999), a procedurally fair matching algorithm for the so-called stable marriage problem. We complement Aldershof et al.'s (1999) analysis in two ways. First, we give an alternative and intuitive description of employment by lotto in terms of a...
Persistent link: https://www.econbiz.de/10010547326
The rule of k names can be described as follows: given a set of candidates for office, a committee chooses k members from this set by voting, and makes a list with their names. Then a single individual from outside the committee selects one of the listed names for the office. Different variants...
Persistent link: https://www.econbiz.de/10010547362
We study how personal relations affect performance in organizations. In the experimental game we use a manager has to assign different degrees of decision power to two employees. These two employees then have to make distributive decisions which affect themselves and the manager. Our focus is on...
Persistent link: https://www.econbiz.de/10010547529
This paper studies a decentralized job market model where firms (academic departments) propose sequentially a (unique) position to some workers (Ph.D. candidates). Successful candidates then decide whether to accept the offers, and departments whose positions remain unfllled propose to other...
Persistent link: https://www.econbiz.de/10010851385
We correct an omission in the definition of our domain of weakly responsive preferences introduced in Klaus and Klijn (2005) or KK05 for short. The proof of the existence of stable matchings (KK05, Theorem 3.3) and a maximal domain result (KK05, Theorem 3.5) are adjusted accordingly.
Persistent link: https://www.econbiz.de/10010851319
In this note we show that no solution to coalition formation games can satisfy a set of axioms that we propose as reasonable. Our result points out that "solutions" to the coalition formation cannot be interpreted as predictions of what would be ìresting pointsî for a game in the way stable...
Persistent link: https://www.econbiz.de/10010851378
We show that the full version of the so-called "rural hospital theorem" generalizes to many-to-many matching problems where agents on both sides of the problem have substitutable and weakly separable preferences. We reinforce our result by showing that when agents' preferences satisfy...
Persistent link: https://www.econbiz.de/10010851401
We give a simple and concise proof that so-called generalized median stable matchings are well-defined for college admissions problems. Furthermore, we discuss the fairness properties of median stable matchings and conclude with two illustrative examples of college admissions markets, the...
Persistent link: https://www.econbiz.de/10010851408