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Local and Global Consistency Properties for Student Placement

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  • Bettina Klaus

    ()

  • Flip Klijn

    ()

Abstract

In the context of resource allocation on the basis of priorities, Ergin (2002) identifies a necessary and sufficient condition on the priority structure such that the student-optimal stable mechanism satisfies a consistency principle. Ergin (2002) formulates consistency as a local property based on a fixed population of agents and fixed resources -- we refer to this condition as local consistency and to his condition on the priority structure as local acyclicity. We identify a related but stronger necessary and sufficient condition (unit acyclicity) on the priority structure such that the student-optimal stable mechanism satisfies a more standard global consistency property. Next, we provide necessary and sufficient conditions for the student-optimal stable mechanism to satisfy converse consistency principles. We identify a necessary and sufficient condition (local shift-freeness) on the priority structure such that the student-optimal stable mechanism satisfies local converse consistency. Interestingly, local acyclicity implies local shift-freeness and hence the student-optimal stable mechanism more frequently satisfies local converse consistency than local consistency. Finally, in order for the student-optimal stable mechanism to be globally conversely consistent, one again has to impose unit acyclicity on the priority structure. Hence, unit acyclicity is a necessary and sufficient condition on the priority structure for the student-optimal stable mechanism to satisfy global consistency or global converse consistency.

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Bibliographic Info

Paper provided by Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) in its series UFAE and IAE Working Papers with number 866.11.

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Length: 17
Date of creation: 11 Mar 2011
Date of revision:
Handle: RePEc:aub:autbar:866.11

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Keywords: acyclicity; consistency; converse consistency; student placement.;

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  1. Lars Ehlers & Bettina Klaus, 2007. "Consistent House Allocation," Economic Theory, Springer, vol. 30(3), pages 561-574, March.
  2. EHLERS, Lars & KLAUS, Bettina, 2003. "Efficient Priority Rules," Cahiers de recherche 11-2003, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
  3. Ehlers, Lars & Klaus, Bettina & Papai, Szilvia, 2002. "Strategy-proofness and population-monotonicity for house allocation problems," Journal of Mathematical Economics, Elsevier, vol. 38(3), pages 329-339, November.
  4. Lars Ehlers & Bettina Klaus, 2003. "Resource-Monotonicity for House Allocation Problems," UFAE and IAE Working Papers 566.03, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
  5. Thomson, William & Zhou, Lin, 1993. "Consistent Solutions in Atomless Economies," Econometrica, Econometric Society, vol. 61(3), pages 575-87, May.
  6. Roth, Alvin E, 1984. "The Evolution of the Labor Market for Medical Interns and Residents: A Case Study in Game Theory," Journal of Political Economy, University of Chicago Press, vol. 92(6), pages 991-1016, December.
  7. Ergin, Haluk I., 2000. "Consistency in house allocation problems," Journal of Mathematical Economics, Elsevier, vol. 34(1), pages 77-97, August.
  8. Kesten, Onur, 2006. "On two competing mechanisms for priority-based allocation problems," Journal of Economic Theory, Elsevier, vol. 127(1), pages 155-171, March.
  9. Sasaki, Hiroo & Toda, Manabu, 1992. "Consistency and characterization of the core of two-sided matching problems," Journal of Economic Theory, Elsevier, vol. 56(1), pages 218-227, February.
  10. Lars Ehlers & Bettina Klaus, 2003. "Resource-Monotonicity for House Allocation," Working Papers 33, Barcelona Graduate School of Economics.
  11. Roth, Alvin E., 1985. "The college admissions problem is not equivalent to the marriage problem," Journal of Economic Theory, Elsevier, vol. 36(2), pages 277-288, August.
  12. Balinski, Michel & Sonmez, Tayfun, 1999. "A Tale of Two Mechanisms: Student Placement," Journal of Economic Theory, Elsevier, vol. 84(1), pages 73-94, January.
  13. Ehlers, Lars, 2002. "Coalitional Strategy-Proof House Allocation," Journal of Economic Theory, Elsevier, vol. 105(2), pages 298-317, August.
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