Showing 1 - 10 of 189
In a matching problem between students and schools, a mechanism is said to be robustly stable if it is stable, strategy-proof, and immune to a combined manipulation, where a student first misreports her preferences and then blocks the matching that is produced by the mechanism. We find that even...
Persistent link: https://www.econbiz.de/10011599445
notions of fairness in lottery design based on ex-ante stability. This framework unifies known many-to-one and one … ex-ante stability, equal treatment, and constrained ordinal-Pareto-efficiency. …
Persistent link: https://www.econbiz.de/10011599548
workers are gross substitutes to each firm. It turns out that by introducing job security, stability and efficiency may still …
Persistent link: https://www.econbiz.de/10012010061
A coalitional matching is a two-sided matching problem in which agents on each side of the market may form coalitions such as student groups and research teams who - when matched - form universities. We assume that each researcher has preferences over the research teams he would like to work in...
Persistent link: https://www.econbiz.de/10010270953
. Constraining choices increases segregation and affects the stability and efficiency of the final allocation. Remarkably, the …
Persistent link: https://www.econbiz.de/10010279488
) implies commitment to stability. Finally, I show that group strategy-proof and efficient announcements allow commitment to …
Persistent link: https://www.econbiz.de/10014536335
A standing question in the theory of matching markets is how to define stability under incomplete information. This … ``incomplete-information stability,'' a cooperative solution concept put forward by Liu, Mailath, Postlewaite and Samuelson (2014 …
Persistent link: https://www.econbiz.de/10014536894
We generalize standard school choice models to allow for interdependent preferences and differentially-informed students. We show that in general, the commonly-used deferred acceptance mechanism is no longer strategy-proof, the outcome is not stable, and may make less informed students worse...
Persistent link: https://www.econbiz.de/10013189024
military cadet matching. We develop a theory of matching markets under floor constraints. We introduce a stability notion …, which we call floor respecting stability, for markets in which (hard) floor constraints must be respected. A matching is … feasible and an improvement for its members. Our stability notion imposes the additional condition that a coalition cannot …
Persistent link: https://www.econbiz.de/10013189041
In a general model of trading networks with bilateral contracts, we propose a suitably adapted chain stability concept … that plays the same role as pairwise stability in two-sided settings. We show that chain stability is equivalent to … stability if all agents' preferences are jointly fully substitutable and satisfy the Laws of Aggregate Supply and Demand. In the …
Persistent link: https://www.econbiz.de/10013189046