Afacan, Mustafa Oğuz (2013) Alternative characterizations of Boston mechanism. (Accepted/In Press)
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Abstract
Kojima and Ünver (2011) are the first to characterize the class of mechanisms coinciding with the Boston mechanism for some priority order. By mildly strengthening their central axiom, we are able to pin down the Boston mechanism outcome for every priority order. Our main result shows that a mechanism is outcome equivalent to the Boston mechanism at every priority if and only if it respects both preference rankings and priorities and satisfies individual rationality for schools. In environments where each student is acceptable to every school, respecting both preference rankings and priorities is enough to characterize the Boston mechanism.
Item Type: | Article |
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Uncontrolled Keywords: | Boston mechanism, characterization, respecting both preference rankings and priorities, individual rationality |
Subjects: | H Social Sciences > HB Economic Theory > HB135-147 Mathematical economics. Quantitative methods |
Divisions: | Faculty of Arts and Social Sciences > Academic programs > Economics Faculty of Arts and Social Sciences |
Depositing User: | Mustafa Oğuz Afacan |
Date Deposited: | 07 May 2013 11:29 |
Last Modified: | 26 Apr 2022 09:04 |
URI: | https://research.sabanciuniv.edu/id/eprint/21560 |
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