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experimental democracy. We design a two-period experiment in which subjects first choose a distributional scheme by majority voting … the effect of social immobility on choosing distributional regimes the experiment is conducted with and without a social …
Persistent link: https://www.econbiz.de/10014504499
This paper studies the effects of two different frames on decisions in a dictator game. Before making their allocation decision, dictators read a short text. Depending on the treatment, the text either emphasizes their decision power and freedom of choice or it stresses their responsibility for...
Persistent link: https://www.econbiz.de/10011852744
Within the area of Behavioral game theory, we focus on a specific context, namely, on a game we called the Alternative traveler's dilemma. In this context, we observe that participants tend to choose strictly dominated strategies. In order to explain similar tendencies in other games,...
Persistent link: https://www.econbiz.de/10011538730
In a moneyless market, a non storable, non transferable homogeneous commodity is reallocated between agents with single-peaked preferences. Agents are either suppliers or demanders. Transfers between a supplier and a demander are feasible only if they are linked, and the links form an arbitrary...
Persistent link: https://www.econbiz.de/10011599466
We study Pareto efficient mechanisms in matching markets when the number of agents is large and individual preferences are randomly drawn from a class of distributions, allowing for both common and idiosyncratic shocks. We provide a broad set of circumstances under which, as the market grows...
Persistent link: https://www.econbiz.de/10012010026
We provide an axiomatic justification to aggregate money metrics. The key axiom requires the approval of richer-to-poorer transfers that preserve the overall efficiency of the distribution. This transfer principle - together with the basic axioms of anonymity, continuity, monotonicity, and a...
Persistent link: https://www.econbiz.de/10012010032
Distributional constraints are common features in many real matching markets, such as medical residency matching, school admissions, and teacher assignment. We develop a general theory of matching mechanisms under distributional constraints. We identify the necessary and sufficient condition on...
Persistent link: https://www.econbiz.de/10012010043
Distributional constraints are important in many market design settings. Prominent examples include the minimum manning requirements at each Army branch in military cadet matching and diversity considerations in school choice, whereby school districts impose constraints on the demographic...
Persistent link: https://www.econbiz.de/10012010086
We consider allocation problemswith indivisible goods when preferences are single-peaked. In this paper we identify the family of efficient, non-manipulable, consistent, and balanced solutions. We refer those solutions as Temporary Satisfaction Methods, that can be viewed as extensions to the...
Persistent link: https://www.econbiz.de/10010317139
Floor constraints are a prominent feature of many matching markets, such as medical residency, teacher assignment, and 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...
Persistent link: https://www.econbiz.de/10013189041