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Consistent Pareto improvement over the student-optimal stable mechanism
Economic Theory Bulletin ( IF 0.4 ) Pub Date : 2019-06-11 , DOI: 10.1007/s40505-019-00172-6
Battal Doğan , M. Bumin Yenmez

We show that there is no consistent Pareto improvement over any stable mechanism. We introduce the following weakly consistent Pareto improvement ( over the student-optimal stable matching ) requirement: whenever a set of students, each of whom is assigned to a school that is underdemanded at the student-optimal stable matching, is removed with their assigned seats, then the assignments of the remaining students do not change. Our main result is that the efficiency-adjusted deferred acceptance mechanism (Kesten in Q J Econ 125(3):1297–1348, 2010 ) is the unique weakly consistent Pareto improvement over the student-optimal stable mechanism.

中文翻译:

帕累托对学生最优稳定机制的一致改进

我们表明,在任何稳定机制上都没有一致的帕累托改进。我们引入以下弱一致的帕累托改进(超过学生最佳稳定匹配)的要求:每当一组学生(每个学生分配到在学生最佳稳定匹配方面需求不足的学校)时,都将其分配的席位移除,则其余学生的作业不会更改。我们的主要结果是,效率调整后的递延接受机制(Kesten in QJ Econ 125(3):1297-1348,2010)是对学生最优稳定机制的唯一弱一致性帕累托改进。
更新日期:2019-06-11
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