Centralized allocation in multiple markets
Data(s) |
16/04/2013
16/04/2013
16/04/2013
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Resumo |
We study the problem of centralized allocation of indivisible objects in multiple markets. We show that the set of allocation rules that are group strategy-proof and Pareto-efficient are sequential dictatorships. Therefore, the solution of the joint al-location in multiple markets is significantly narrower than in the single-market case. Our result also applies to dynamic allocation problems. Finally, we provide conditions under which the solution of the single-market allocation coincides with the multiple-market case, and we apply this result to the study of the school choice problem with sibling priorities. |
Identificador |
TD 322 |
Relação |
Textos para discussão EESP;TD 322 |
Palavras-Chave | #Matching #Group strategy-proofness #Pareto efficiency #Administração de risco |
Tipo |
Working Paper |