Showing 3,811 - 3,820 of 3,873
Persistent link: https://www.econbiz.de/10013285708
This paper studies the problem of a monopolistic platform which offers agents connection with one another. Agents have heterogeneous characteristics that are valued by some other agents and observed privately by the principal. The agents are privately informed about their heterogeneous...
Persistent link: https://www.econbiz.de/10012240993
Persistent link: https://www.econbiz.de/10011650052
Persistent link: https://www.econbiz.de/10011833218
In a centralized marketplace that was designed to be simple, we identify participants whose choices are dominated. Using administrative data from Hungary, we show that college applicants make obvious mistakes: they forgo the free opportunity to receive a tuition waiver worth thousands of...
Persistent link: https://www.econbiz.de/10011772987
Persistent link: https://www.econbiz.de/10012431605
Persistent link: https://www.econbiz.de/10012434261
Although not assumed explicitly, we show that neutrality plays an important role in Arrow and other impossibility theorems. Applying it to pivotal voters we produce direct proofs of classical impossibility theorems, including Arrow's, as well as extend some of these theorems. We further explore...
Persistent link: https://www.econbiz.de/10005370995
Which strategy-proof nonbossy mechanisms exist in a model with a finite number of indivisible goods (houses, jobs, positions) and a perfectly divisible good (money)? The main finding is that only a finite number of distributions of the divisible good is consistent with strategy-proofness and...
Persistent link: https://www.econbiz.de/10005371155
Suppose that g is a strategy-proof social choice rule on the domain of all profiles of complete and transitive binary relations that have exactly m indifference classes. If $m \ge 3$ and the range of g has three or more members, then g is dictatorial. If m = 2, then for any set X of feasible...
Persistent link: https://www.econbiz.de/10005371313