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Divided enrollment systems cause school assignments to be unfair and wasteful. Iterative version of the student-optimal stable mechanism (I-SOSM), proposed by Manjunath and Turhan (2016), achieves individually rational and fair assignments in such partitioned school choice markets for any number...
Persistent link: https://www.econbiz.de/10012927438
We study mechanism design in dynamic nonmonetary markets where objects are allocated to unit-demand agents with private types and quasi-linear payoffs in their waiting costs. We consider a general class of mechanisms that determine the joint distribution of the object assigned to each agent and...
Persistent link: https://www.econbiz.de/10012833053
We consider a stable improvement problem in a controlled school choice model which covers those of several previous studies. First, we consider the case where the priority for each school is a weak order. We derive a sufficient condition for a stable matching to be constrained efficient. It is...
Persistent link: https://www.econbiz.de/10012836193
Stability and "no justified envy" are used almost synonymously in the matching theory literature. However, they are …
Persistent link: https://www.econbiz.de/10012840050
Recently dozens of school districts and college admissions systems around the world have reformed their admission rules. As a main motivation for these reforms the policymakers cited strategic flaws of the rules: students had strong incentives to game the system, which caused dramatic...
Persistent link: https://www.econbiz.de/10012843021
As a random allocation rule for indivisible object allocation problems under weak priorities, deferred acceptance with single tie-breaking (DA-STB) is not ex-post constrained efficient. We first observe that it also fails to satisfy a natural fairness notion, symmetry at the top, which requires...
Persistent link: https://www.econbiz.de/10012844514
I investigate three goals of school choice: student welfare, encouraging neighborhood schools, and diversity. I develop a framework for finding the optimal match for any combination of these objectives while respecting stability and incentive compatibility. I then apply my framework to data from...
Persistent link: https://www.econbiz.de/10012950942
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 airport slot allocation problems during weather-induced congestion. These real-life matching problems are important to airlines as the costs of delays are significant compared to their profits. We introduce a new mechanism, Multiple Trading Cycles (MTC), to allocate landing slots. In...
Persistent link: https://www.econbiz.de/10012901046
We study a dynamic two-sided many-to-one matching model that generalizes the college admissions problem. A dynamically stable matching does not generally exist. We provide sufficient conditions for the existence of a dynamically stable matching and show that some but not all results for the...
Persistent link: https://www.econbiz.de/10012903603