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School choice with transferable student characteristics

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  • Rodríguez-Álvarez, Carmelo
  • Romero-Medina, Antonio

Abstract

We consider school choice problems where school priorities depend on transferable student characteristics. Fair Pareto improvements can alleviate the trade-off between efficiency and stability in this framework. A group of students may improve their outcomes by exchanging their seats and transferable characteristics at the schools they are initially assigned without generating justified envy among the remaining students.

Suggested Citation

  • Rodríguez-Álvarez, Carmelo & Romero-Medina, Antonio, 2024. "School choice with transferable student characteristics," Games and Economic Behavior, Elsevier, vol. 143(C), pages 103-124.
  • Handle: RePEc:eee:gamebe:v:143:y:2024:i:c:p:103-124
    DOI: 10.1016/j.geb.2023.11.007
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    More about this item

    Keywords

    School choice; Transferable characteristics; Priorities; Constrained efficiency;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • I20 - Health, Education, and Welfare - - Education - - - General

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