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-sided matching model to find the reason for the new design. We model the situation as if research centers decided by majority to play …
Persistent link: https://www.econbiz.de/10005405550
This paper presents a sequential admission mechanism where students are allowed to send multiple applications to colleges and colleges sequentially decide the applicants to enroll. The irreversibility of agents decisions and the sequential structure of the enrollments make truthful behavior a...
Persistent link: https://www.econbiz.de/10008643839
Studying the interaction between preference and capacity manipulation in matching markets, we prove that acyclicity is …
Persistent link: https://www.econbiz.de/10009291576
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
centralized mechanism associated to the Program is analyzed. The paper models it as a two-sided matching market and studies if it …
Persistent link: https://www.econbiz.de/10005765471
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
This paper considers a realistic family of admission mechanisms, with multiple applications and application costs. Multiple applications impose serious coordination problems to colleges, but application costs restore stability. Without application costs and under incomplete information unstable...
Persistent link: https://www.econbiz.de/10005094082
I consider the problem of assigning agents to objects where each agent must pay the price of the object he gets and prices must sum to a given number. The objective is to select an assignment-price pair that is envy-free with respect to the true preferences. I prove that the proposed mechanism...
Persistent link: https://www.econbiz.de/10005582632