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students often fail to grasp the strategic issues involved. The modified SDA algorithm significantly improves the matching for …
Persistent link: https://www.econbiz.de/10010281521
I consider the problem of assigning agents to indivisible objects, in which each agent pays a price for his object and all prices sum to a given constant. The objective is to select an assignment-price pair that is envy-free with respect to the agents' true preferences. I propose a simple...
Persistent link: https://www.econbiz.de/10010322828
We study decentralized task coordination. Tasks are of varying complexity and agents asymmetric: agents capable of completing high-level tasks may also take on tasks originally contracted by lower-level agents, facilitating system-wide cost reductions. We suggest a family of decentralized...
Persistent link: https://www.econbiz.de/10012304467
centralized mechanism associated to the Program is analyzed. The paper models it as a two-sided matching market and studies if it …
Persistent link: https://www.econbiz.de/10005765471
I consider the problem of assigning agents to indivisible objects, in which each agent pays a price for his object and all prices sum to a given constant. The objective is to select an assignment-price pair that is envy-free with respect to the agents' true preferences. I propose a simple...
Persistent link: https://www.econbiz.de/10004980213
This paper considers a realistic family of admission mechanisms, with multiple applications and application costs. Multiple applications impose serious coordination problems to colleges, but application costs restore stability. Without application costs and under incomplete information unstable...
Persistent link: https://www.econbiz.de/10005094082
I consider the problem of assigning agents to objects where each agent must pay the price of the object he gets and prices must sum to a given number. The objective is to select an assignment-price pair that is envy-free with respect to the true preferences. I prove that the proposed mechanism...
Persistent link: https://www.econbiz.de/10005582632
We consider general two-sided matching markets, so-called matching with contracts markets as introduced by Hatfield and … Milgrom (2005), and analyze (Maskin) monotonic and Nash implementable solutions. We show that for matching with contracts …
Persistent link: https://www.econbiz.de/10010272554
The paper studies two games of capacity manipulation in hospital-intern markets. The focus is on the stability of Nash equilibrium outcomes. We provide minimal necessary and sufficient conditions guaranteeing the existence of pure strategy Nash Equilibria and the stability of outcomes.
Persistent link: https://www.econbiz.de/10005094057
of Marriage (1962) led to a huge and still growing discussion in the literature on two-sided matching markets. The … twosided matching markets, e.g., within the marriage and college admissions problem. The incentives to manipulate are …Die von Gale und Shapley in ihrem 1962 veröffentlichten Artikel College Admissions and the Stability of Marriage …
Persistent link: https://www.econbiz.de/10010307662