Artikel
A theory of school choice lotteries
A new mechanism was introduced in New York City and Boston to assign students to public schools. This mechanism was advocated for its superior fairness property, besides others. We introduce a new framework for school-choice problems and two notions of fairness in lottery design based on ex-ante stability. This framework unifies known many-to-one and one-sided matching models. We show that the NYC/Boston mechanism fails to satisfy these fairness properties. We then propose two new mechanisms, one that is ordinally Pareto-dominant within the class of strongly ex-ante stable mechanisms and one that satisfies ex-ante stability, equal treatment, and constrained ordinal-Pareto-efficiency.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Theoretical Economics ; ISSN: 1555-7561 ; Volume: 10 ; Year: 2015 ; Issue: 2 ; Pages: 543-595 ; New Haven, CT: The Econometric Society
- Classification
-
Wirtschaft
Cooperative Games
Bargaining Theory; Matching Theory
Social Choice; Clubs; Committees; Associations
Positive Analysis of Policy Formulation and Implementation
- Subject
-
Matching
school choice
deferred acceptance
stability
ordinal efficiency
market design
- Event
-
Geistige Schöpfung
- (who)
-
Kesten, Onur
Ünver, M. Utku
- Event
-
Veröffentlichung
- (who)
-
The Econometric Society
- (where)
-
New Haven, CT
- (when)
-
2015
- DOI
-
doi:10.3982/TE1558
- Handle
- Last update
-
10.03.2025, 11:46 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Kesten, Onur
- Ünver, M. Utku
- The Econometric Society
Time of origin
- 2015