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The “Boston” school-choice mechanism: an axiomatic approach

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  • Fuhito Kojima

    ()

  • M. Ünver

    ()

Abstract

The Boston mechanism is a popular student-placement mechanism in school-choice programs around the world. We provide two characterizations of the Boston mechanism. We introduce two new axioms; favoring higher ranks and rank-respecting invariance. A mechanism is the Boston mechanism for some priority if and only if it favors higher ranks and satisfies consistency, resource monotonicity, and rank-respecting invariance. In environments where each type of object has exactly one unit, as in house allocation, a characterization is given by favoring higher ranks, individual rationality, population monotonicity, and rank-respecting invariance. Copyright Springer-Verlag Berlin Heidelberg 2014

Suggested Citation

  • Fuhito Kojima & M. Ünver, 2014. "The “Boston” school-choice mechanism: an axiomatic approach," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(3), pages 515-544, April.
  • Handle: RePEc:spr:joecth:v:55:y:2014:i:3:p:515-544
    DOI: 10.1007/s00199-013-0769-8
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    References listed on IDEAS

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    Cited by:

    1. Paula Jaramillo & Cagatay Kayi & Flip Klijn, 2017. "School Choice: Nash Implementation of Stable Matchings through Rank-Priority Mechanisms," DOCUMENTOS CEDE 015611, UNIVERSIDAD DE LOS ANDES-CEDE.
    2. Rodrigo Velez, 2014. "Consistent strategy-proof assignment by hierarchical exchange," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 56(1), pages 125-156, May.
    3. Matías Núñez, 2014. "The strategic sincerity of Approval voting," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 56(1), pages 157-189, May.
    4. repec:eee:mateco:v:72:y:2017:i:c:p:16-24 is not listed on IDEAS
    5. Morrill, Thayer, 2015. "Making just school assignments," Games and Economic Behavior, Elsevier, vol. 92(C), pages 18-27.
    6. Paula Jaramillo, 2017. "Minimal consistent enlargements of the immediate acceptance rule and the top trading cycles rule in school choice," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 48(1), pages 177-195, January.
    7. Afacan, Mustafa Oğuz & Dur, Umut Mert, 2017. "Incompatibility between stability and consistency," Economics Letters, Elsevier, vol. 150(C), pages 135-137.
    8. Yajing Chen, 2016. "New axioms for immediate acceptance," Review of Economic Design, Springer;Society for Economic Design, vol. 20(4), pages 329-337, December.
    9. Bettina Klaus & Alexandru Nichifor, 2017. "Serial Dictatorship Mechanisms with Reservation Prices," Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) 17.07, Université de Lausanne, Faculté des HEC, DEEP.
    10. Bogomolnaia, Anna & Moulin, Herve, 2015. "Size versus fairness in the assignment problem," Games and Economic Behavior, Elsevier, vol. 90(C), pages 119-127.
    11. Yajing Chen, 2017. "New axioms for deferred acceptance," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 48(2), pages 393-408, February.
    12. Harless, Patrick, 2014. "A School Choice Compromise: Between Immediate and Deferred Acceptance," MPRA Paper 61417, University Library of Munich, Germany.
    13. repec:spr:sochwe:v:48:y:2017:i:3:d:10.1007_s00355-016-1024-6 is not listed on IDEAS

    More about this item

    Keywords

    Mechanism design; Matching; School choice; Market design; Boston mechanism; C78; D78;

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation

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