Showing 1 - 10 of 715,618
which a woman proposes to a random man in each step. We prove that envy in a matching market is bounded by envy in this … class of mechanisms, in which there is just one woman and two types of men. We conclude that envy is bounded by the inverse … of the square root of the number of men in each type. Therefore, in large matching markets, envy becomes zero; on top of …
Persistent link: https://www.econbiz.de/10013250140
In priority-based matching problems, there is a trade-off between efficiency andreducing justified-envy. We show that … finding an efficient and justified-envy minimalmatching is an NP-hard problem when objects have weak priority rankings … and strategyproof mechanisms and show thatno group-strategyproof mechanism minimizes justified-envy in that class. Then …
Persistent link: https://www.econbiz.de/10012828839
's complementary subset, given that such an envy-free division is possible. We show that the possibility of one player's undercutting … generally leads to an envy-free division, even when the players rank items exactly the same. Although the undercut procedure is …
Persistent link: https://www.econbiz.de/10014046962
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
. 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
random allocations from deterministic allocation mechanisms. Insights from the two-sided matching theory and the recent …
Persistent link: https://www.econbiz.de/10012956467
We study the indivisible object allocation problem without monetary transfer, in which each object is endowed with a weak priority ordering over agents. It is well known that stability is generally not compatible with efficiency in this problem. We characterize the priority structures for which...
Persistent link: https://www.econbiz.de/10013032068
We propose a model of sharing of public services among local governments. Our model is an application of Nicolo et al. (2023) and combines features of two models: assignment games (Shapley and Shubik (1971)) and the division problem (Sprumont (1991)). We provide an algorithm (The Simple SAM)...
Persistent link: https://www.econbiz.de/10014346500
We consider the problem of allocating several types of indivisible goods when preferences are separable and monetary transfers are not allowed. Our finding is that the coordinatewise application of strategy-proof and non-wasteful rules yields a strategy-proof rule with the following efficiency...
Persistent link: https://www.econbiz.de/10010250132