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bargain through some extensive game form. We take an implementation approach, characterizing the possible allocation rules …
Persistent link: https://www.econbiz.de/10005062338
model the principal-agent economy as a two-sided matching game and characterize the set of stable outcomes of this principal …-agent matching market. A simple mechanism to implement the set of stable outcomes is proposed. Finally, we put forward examples of …
Persistent link: https://www.econbiz.de/10005572268
Recently, several school districts in the US have adopted or consider adopting the Student-Optimal Stable mechanism or the Top Trading Cycles mechanism to assign children to public schools. There is evidence that for school districts that employ (variants of) the so-called Boston mechanism the...
Persistent link: https://www.econbiz.de/10010547129
I consider the problem of assigning agents to indivisible objects, in which each agent pays a price for his object and all prices sum to a given constant. The objective is to select an assignment-price pair that is envy-free with respect to the agents' true preferences. I propose a simple...
Persistent link: https://www.econbiz.de/10004980213
students often fail to grasp the strategic issues involved. The modified SDA algorithm significantly improves the matching for …
Persistent link: https://www.econbiz.de/10010990344
The problem of allocating indivisible objects to different agents, where each individual is assigned at most one object, has been widely studied. Pápai (2000) shows that the set of strategy-proof, nonbossy, Pareto optimal and reallocation-proof rules are hierarchical exchange rules |...
Persistent link: https://www.econbiz.de/10010851167
We prove a “General Manipulability Theorem” for general one-to-one two-sided matching markets with money. This theorem …
Persistent link: https://www.econbiz.de/10010851337
We observe that three salient solutions to matching, division and house allocation problems are not only (partially …
Persistent link: https://www.econbiz.de/10010851415
A multiple-partners assignment game with heterogeneous sells and multi-unit demands consists of a set of sellers that own a given number of indivisible units of (potentially many different) goods and a set of buyers who value those units and want to buy at most an exogenously fixed number of...
Persistent link: https://www.econbiz.de/10010851453
)), have stimulated the development of the theory on incentives for the one-to-one two-sided matching models with money as a …
Persistent link: https://www.econbiz.de/10010875475