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We show that Ergin & Sönmez's (2006) results which show that for schools it is a dominant strategy to truthfully rank the students under the Boston mechanism, and that the Nash equilibrium outcomes in undominated strategies of the induced game are stable, rely crucially on two assumptions....
Persistent link: https://www.econbiz.de/10011473711
Inspired by the negotiations leading up to the Paris Agreement on climate change, I study a bargaining game where every party is proposing only its own contribution, before the set of pledges must be unanimously approved. I show that, with uncertain tolerance for delay, each equilibrium pledge...
Persistent link: https://www.econbiz.de/10013488863
We introduce a model of product development in a firm. Our model describes the process as a multi-stage contest (i.e., race) with an endogenous length (with one stage or two stages) between two workers. We model the payments to workers from the new product using the normatively appealing Nash...
Persistent link: https://www.econbiz.de/10012165947
We study decentralized task coordination. Tasks are of varying complexity and agents asymmetric: agents capable of completing high-level tasks may also take on tasks originally contracted by lower-level agents, facilitating system-wide cost reductions. We suggest a family of decentralized...
Persistent link: https://www.econbiz.de/10012299210
We investigate the matching algorithm used by the German central clearinghouse for university admissions (ZVS) in … criteria applied for admission they all make use of priority matching. In priority matching schemes, it is not a dominant … applicants, we are able to detect some amount of strategic behaviour which can lead to inefficient matching. Alternative ways to …
Persistent link: https://www.econbiz.de/10003635151
structure of a matching. This paper argues that, under indifferences, also weak blockings should be considered when these … the set of Pareto-stable matchings for the roommate and the marriage models is provided in terms of individually rational … of stable matchings. Some properties of the Pareto-stable matchings shared by the Marriage and Roommate models are …
Persistent link: https://www.econbiz.de/10003809385
. -- matching ; stable payoff ; competitive equilibrium payoff ; optimal stable payoff ; lattice …
Persistent link: https://www.econbiz.de/10003809394
Stability of Marriage" (1962) led to a huge and still growing discussion in the literature on two-sided matching markets. The … twosided matching markets, e.g., within the marriage and college admissions problem. The incentives to manipulate are …Die von Gale und Shapley in ihrem 1962 veröffentlichten Artikel "College Admissions and the Stability of Marriage …
Persistent link: https://www.econbiz.de/10009407405
every fair matching is Pareto efficient. Based on the extended Pareto efficiency definition, the DA mechanism is the unique …
Persistent link: https://www.econbiz.de/10013088865
the Gale-Shapley Deferred Acceptance (DA) mechanism versus the Iterative Deferred Acceptance Mechanism (IDAM), a matching …
Persistent link: https://www.econbiz.de/10011574107