Showing 1 - 5 of 5
Public school choice often yields student placements that are neither fair nor efficient. Kesten (2010) proposed an efficiency-adjusted deferred acceptance algorithm (EADAM) that allows students to consent to waive priorities that have no effect on their assignment. In this article, we provide...
Persistent link: https://www.econbiz.de/10012815570
This paper explores the impact of debarment as a deterrent of collusion in first-price procurement auctions. We develop a procurement auction model where bidders can form bidding rings, and derive the bidding and collusive behavior under no sanction, debarment and fines. The model's predictions...
Persistent link: https://www.econbiz.de/10011822812
This article explores the impact of procedural information on the behavior of applicants under two of the most commonly used school admissions procedures: the Gale-Shapley mechanism and the Boston mechanism. In a lab experiment, I compare the impact of information about the mechanism,...
Persistent link: https://www.econbiz.de/10012041733
How fair are government decisions based on algorithmic predictions? And to what extent can the government delegate decisions to machines without sacrificing procedural fairness? Using a set of vignettes in the context of predictive policing, school admissions, and refugee-matching, we explore...
Persistent link: https://www.econbiz.de/10013252892
Existing models of regret aversion assume that individuals can make an ex-post comparison between their choice and a foregone alternative. Yet in many situations such a comparison can be made only if someone else chose the alternative option. We develop a model where regret-averse agents must...
Persistent link: https://www.econbiz.de/10012029141