A new ex-ante efficiency criterion and implications for the probabilistic serial mechanism

DOI10.1016/J.JET.2018.01.011zbMATH Open1422.91387OpenAlexW3121216619MaRDI QIDQ1753688FDOQ1753688

Authors: Battal Doğan, Serhat Doğan, Kemal Yıldız 

Publication date: 29 May 2018

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/11693/48988

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zbMATH Keywords

fairnessprobabilistic serial mechanismprobabilistic assignmentex-ante efficiency

Mathematics Subject Classification ID

Resource and cost allocation (including fair division, apportionment, etc.) (91B32) Welfare economics (91B15)

Cites Work

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• A sufficient condition for the equivalence of strategy-proofness and nonmanipulability by preferences adjacent to the sincere one
• Domains, ranges and strategy-proofness: the case of single-dipped preferences
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• A new solution to the random assignment problem.
• Ordinal efficiency and the polyhedral separating hyperplane theorem
• A solution to the random assignment problem on the full preference domain
• A constructive proof of the ordinal efficiency welfare theorem
• The extended serial correspondence on a rich preference domain
• Two axiomatic approaches to the probabilistic serial mechanism
• When is the probabilistic serial assignment uniquely efficient and envy-free?
• Efficiency and stability of probabilistic assignments in marriage problems

Cited In (8)

• Ex-ante welfare superiority of the Boston mechanism over the deferred acceptance mechanism
• A simple characterization of assignment mechanisms on set constraints
• Extended random assignment mechanisms on a family of good sets
• Efficient sequential assignment with incomplete information
• Incentives in the probabilistic serial mechanism
• A simple random assignment problem with a unique solution
• Why do popular mechanisms lack efficiency in random environments?
• On the terminology of economic design: a critical assessment and some proposals

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