Many scarce public resources are allocated at below-market-clearing prices, and sometimes for free. Such "non-market" mechanisms necessarily sacrifice some surplus, yet they can potentially improve equity. In this paper, we develop a model of mechanism design with redistributive concerns. Agents...

We develop a multi-period theoretical model to characterize the relationship between a publication that ranks universities and prospective attendees -- high school students -- who might view the ranking and use it to help decide which university to attend. We assert that published rankings not...

Each capacity-filling and substitutable choice rule is known to have a maximizer-collecting representation: there exists a list of priority orderings such that from each choice set that includes more alternatives than the capacity, the choice is the union of the priority orderings' maximizers...

Due to computing and communication facilities, formal procedures, often referred to as "algorithms", are now extensively used in public, economic and social areas. These procedures, currently at the forefront of criticisms, share some features with mechanisms as defined by economists, following...

Lalley and Weyl (2016) propose a mechanism for binary collective decisions, Quadratic Voting, and prove its approximate efficiency in large populations in a stylized environment. They motivate their proposal substantially based on its greater robustness when compared with pre-existing efficient...

We consider the problem of allocating a single object to the agents with payments. Agents have preferences that are not necessarily quasi-linear. We characterize the class of rules satisfying pairwise strategy-proofness and non-imposition by the priority rule. Our characterization result remains...

We consider the problem of allocating a single object to the agents with payments. Agents have preferences that are not necessarily quasi-linear. We characterize the class of rules satisfying pairwise strategy-proofness and non-imposition by the priority rule. Our characterization result remains...