Showing 1 - 10 of 8,298
Theory points to a potential trade-off between two main school assignment mechanisms; Boston and Deferred Acceptance (DA). While DA is strategy-proof and gives a stable matching, Boston might outperform DA in terms of ex-ante efficiency. We quantify the (dis)advantages of the mechanisms by using...
Persistent link: https://www.econbiz.de/10011283122
Recent work has highlighted welfare gains from the use of the Boston mechanism over deferred acceptance (DA) in school choice problems, in particular finding that when cardinal utility is taken into account, Boston interim Pareto dominates DA in certain incomplete information environments with...
Persistent link: https://www.econbiz.de/10010577249
Theory points to a potential trade-off between two main school assignment mechanisms; Boston and Deferred Acceptance (DA). While DA is strategy-proof and gives a stable matching, Boston might outperform DA in terms of ex-ante efficiency. We quantify the (dis)advantages of the mechanisms by using...
Persistent link: https://www.econbiz.de/10011307328
Persistent link: https://www.econbiz.de/10011300224
Persistent link: https://www.econbiz.de/10011894129
Persistent link: https://www.econbiz.de/10012815413
Persistent link: https://www.econbiz.de/10014247074
Persistent link: https://www.econbiz.de/10013449430
Persistent link: https://www.econbiz.de/10012818044
We show that Ergin & Sönmez's (2006) results which show that for schools it is a dominant strategy to truthfully rank the students under the Boston mechanism, and that the Nash equilibrium outcomes in undominated strategies of the induced game are stable, rely crucially on two assumptions....
Persistent link: https://www.econbiz.de/10011473711