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Erlanson, Albin; Szwagrzak, Karol - 2013

We examine the strategy-proof allocation of multiple divisible and indivisible resources; an application is the assignment of packages of tasks, workloads, and compensations among the members of an organization. We find that any allocation mechanism obtained by maximizing a separably concave...

Persistent link: https://www.econbiz.de/10013208670

Parents know better: Sorting on match effects in primary school

Ovidi, Marco - 2022

I show that parents select schools by considering attributes of the student-school match that improve the learning outcomes beyond average school quality. Using the centralized algorithm for offers to primary school in London, I compare the achievement of students who are as good as randomly...

Persistent link: https://www.econbiz.de/10014550299

Parents know better: Primary school choice and student achievement in London

Ovidi, Marco - 2021

Expanding parental choice in education may increase system-wide productivity if parents select schools that form a specifically good match with their children. I investigate the effect of attending a preferred school on student achievement in London primary schools. I exploit as good as random...

Persistent link: https://www.econbiz.de/10012670882

Matching with externalities

Pycia, Marek; Yenmez, M. Bumin - 2021

We incorporate externalities into the stable matching theory of two-sided markets. Extending the classical substitutes …. We show that substitutability is a necessary condition for the existence of a stable matching in a maximal-domain sense … and provide a characterization of substitutable choice functions. In addition, we extend the standard insights of matching …

Persistent link: https://www.econbiz.de/10012588491

Beyond truth-telling: A replication study on school choice

Andersson, Tommy; Kessel, Dany; Lager, Nils; Olme, Elisabet - 2024

) truth-telling assumption in favour of another assumption, called stability, using a single data set on school choice in …

Persistent link: https://www.econbiz.de/10014551787

Every man for himself: Gender, norms and survival in martime disasters

Elinder, Mikael; Erixson, Oscar - 2012

Since the sinking of the Titanic, there has been a widespread belief that the social norm of 'women and children first' gives women a survival advantage over men in maritime disasters, and that captains and crew give priority to passengers. We analyze a database of 18 maritime disasters spanning...

Persistent link: https://www.econbiz.de/10010321473

Core and Bargaining Set of Shortest Path Games

Grahn, Sofia - 2001

In this paper it is shown that the core and the bargaining sets of Davis-Maschler and Zhou coincide in a class of shortest path games.

Persistent link: https://www.econbiz.de/10010321813

On the political economy of financial deregulation

Ertürk, Korkut Alp - 2016

Drawing broadly on the literature on the political economy of the financial crisis, the paper looks at deregulation as a market driven process that culminated in a collective action failure. In the run up to the 2008 Financial Crisis strong competition and moral hazard went hand in hand and that...

Persistent link: https://www.econbiz.de/10011882744

Asymmetric power and market failure: Power hazard in exchange

Ertürk, Korkut Alp - 2016

In simple textbook treatment of bilateral exchange traders end up on the contract curve such that the trading surplus is maximized regardless of any asymmetric bargaining power they might have. However, that need not be true when the terms of exchange are determined by uncooperative bargaining,...

Persistent link: https://www.econbiz.de/10011882745

A canonical model for interactive unawareness

Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - 2005

Heifetz, Meier and Schipper (2005) introduced a generalized state-space model that allows for non-trivial unawareness among several individuals and strong properties of knowledge. We show that this generalized state-space model arises naturally if states consist of maximally consistent sets of...

Persistent link: https://www.econbiz.de/10010266382

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