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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 …
Persistent link: https://www.econbiz.de/10011694986
notions of fairness in lottery design based on ex-ante stability. This framework unifies known many-to-one and one …-sided matching models. We show that the NYC/Boston mechanism fails to satisfy these fairness properties. We then propose two new … ex-ante stability, equal treatment, and constrained ordinal-Pareto-efficiency. …
Persistent link: https://www.econbiz.de/10011673364
We introduce a two-sided, many-to-one matching with contracts model in which agents with unit demand match to branches … matching markets with slot-specific priorities, branches' choice functions may not satisfy the substitutability conditions … typically crucial for matching with contracts. Despite this complication, we are able to show that stable outcomes exist in the …
Persistent link: https://www.econbiz.de/10011671965
-proof mechanism that is constrained efficient, i.e. that always produces a stable matching that is not Pareto-dominated by another … stable matching. We characterize all solvable priority structures satisfying the following two restrictions: (A) Either there …
Persistent link: https://www.econbiz.de/10011937252
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 …Floor constraints are a prominent feature of many matching markets, such as medical residency, teacher assignment, and …
Persistent link: https://www.econbiz.de/10012806304
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Persistent link: https://www.econbiz.de/10012499788
A common real-life problem is to fairly allocate a number of indivisible objects and a fixed amount of money among a group of agents. Fairness requires that each agent weakly prefers his consumption bundle to any other agent's bundle. In this context, fairness is incompatible with budget-balance...
Persistent link: https://www.econbiz.de/10011674186
This paper studies the problem of assigning a set of indivisible objects to a set of agents when monetary transfers are not allowed and agents reveal only ordinal preferences, but random assignments are possible. We offer two characterizations of the probabilistic serial mechanism, which assigns...
Persistent link: https://www.econbiz.de/10011684921
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