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Persistent link: https://www.econbiz.de/10010245426
We consider a many-to-many matching problem with a priority structure such as the one in undergraduate course allocation. In order to incorporate course priorities, we develop a deterministic pseudo-market mechanism with priority-specific prices that is based on the approximate competitive...
Persistent link: https://www.econbiz.de/10013216578
The European electricity market design is based on zonal markets with uniform prices. Locational price signals within these zones - necessary to ensure long-term efficiency - are not provided. Specifically, if intra-zonal congestion occurs due to missing grid expansion, the market design is...
Persistent link: https://www.econbiz.de/10011442918
Analyzing price data from sequential German electricity markets, namely the day-ahead and intraday auction, a puzzling but apparently systematic pattern of price premiums can be identified. The price premiums are highly correlated with the underlying demand profile. As there is evidence that...
Persistent link: https://www.econbiz.de/10011750488
strategies, increasing the number of schools students can rank increases stability. We find similar results for BOS. We also … equilibrium, but less stable in undominated strategies …
Persistent link: https://www.econbiz.de/10014126335
We reexamine the existence of stable solutions in a class of three-sided matching problems previously studied by Zhang and Zhong (2021). The sets of participants are U, V, and W. Agents in U have strict preferences defined on V, agents in V have strict preferences defined on W, and agents in W...
Persistent link: https://www.econbiz.de/10014083173
We analyze the k-ticket lottery, which is used to allocate hunting permits in the state of Alaska. Each participant is given k tickets to distribute among lotteries for different types of items. Participants who win multiple items receive their favorite, and new winners are drawn from the...
Persistent link: https://www.econbiz.de/10014106829
Interdistrict school choice programs-where a student can be assigned to a school outside of her district-are widespread in the US, yet the market-design literature has not considered such programs. We introduce a model of interdistrict school choice and present two mechanisms that produce stable...
Persistent link: https://www.econbiz.de/10014109204
in early-decision programs. Furthermore, students can specify financial aid in their preferences and they can be matched …. To study centralized college admissions, I advance the theory of stability for many-to-many matching markets with …
Persistent link: https://www.econbiz.de/10014139648
School choice programs aim to give students the option to choose their school. At the same time, underrepresented minority students should be favored to close the opportunity gap. A common way to achieve this is to have a majority quota at each school, and to require that no school be assigned...
Persistent link: https://www.econbiz.de/10014143818