Ex-ante efficiency in assignments with seniority rights

被引:2
|
作者
Miralles, Antonio [1 ,2 ]
机构
[1] Univ Autonoma Barcelona, Cerdanyola Del Valles, Spain
[2] Barcelona Grad Sch Econ, Barcelona, Spain
关键词
Random assignment; Ex-ante efficiency; Consistency; Sequential pseudomarket; ECONOMIES;
D O I
10.1007/s10058-016-0196-y
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study random assignment economies with expected-utility agents, each of them eventually obtaining a single object. We focus attention on assignment problems that must respect object-invariant (or uniform) weak priorities such as seniority rights in student residence assignment. We propose the sequential pseudomarket mechanism: the set of agents is partitioned into ordered priority groups that are called in turns to participate in a pseudomarket for the remaining objects. SP is characterized by the concept of consistent weak ex-ante efficiency (CWEE), that is, weak ex-ante efficiency complemented by consistency to economy reduction. Moreover, it is shown that CWEE generically implies ex-ante efficiency.
引用
收藏
页码:33 / 48
页数:16
相关论文
共 50 条
  • [1] Ex-ante efficiency in assignments with seniority rights
    Antonio Miralles
    Review of Economic Design, 2017, 21 : 33 - 48
  • [2] Ex-ante efficiency of bankruptcy procedures
    Cornelli, F
    Felli, L
    EUROPEAN ECONOMIC REVIEW, 1997, 41 (3-5) : 475 - 485
  • [3] Ex-Ante Prioritarianism Violates Sequential Ex-Ante Pareto
    Gustafsson, Johan E.
    UTILITAS, 2022, 34 (02) : 167 - 177
  • [4] Ex-ante estate division under strong Pareto efficiency
    Schumacher, Johannes M.
    MATHEMATICAL SOCIAL SCIENCES, 2021, 113 : 10 - 24
  • [5] Improve Market Efficiency with Topology Configuration: Ex-Ante and Ex-Post
    Liu, Jianwei
    Chen, Hong
    2011 IEEE POWER AND ENERGY SOCIETY GENERAL MEETING, 2011,
  • [6] Ex-Ante Assessment of the Implementation of an Energy Efficiency Certificate Scheme in Chile
    Norero, Juan G.
    Sauma, Enzo E.
    JOURNAL OF ENERGY ENGINEERING, 2012, 138 (02) : 63 - 72
  • [7] Ex-ante performance of REIT portfolios
    Gene Birz
    Erik Devos
    Sandip Dutta
    Khoa Nguyen
    Desmond Tsang
    Review of Quantitative Finance and Accounting, 2022, 59 : 995 - 1018
  • [8] A new ex-ante efficiency criterion and implications for the probabilistic serial mechanism
    Dogan, Battal
    Dogan, Serhat
    Yildiz, Kemal
    JOURNAL OF ECONOMIC THEORY, 2018, 175 : 178 - 200
  • [9] Biofortification: A review of ex-ante models
    Lividini, Keith
    Fiedler, John L.
    De Moura, Fabiana F.
    Moursi, Mourad
    Zeller, Manfred
    GLOBAL FOOD SECURITY-AGRICULTURE POLICY ECONOMICS AND ENVIRONMENT, 2018, 17 : 186 - 195
  • [10] Ex-ante performance of REIT portfolios
    Birz, Gene
    Devos, Erik
    Dutta, Sandip
    Nguyen, Khoa
    Tsang, Desmond
    REVIEW OF QUANTITATIVE FINANCE AND ACCOUNTING, 2022, 59 (03) : 995 - 1018