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House Allocation via Deferred-Acceptance (N.B.: This paper has been extended and results are now contained in working paper 14.08.)

Author

Listed:
  • Lars Ehlers
  • Bettina Klaus

Abstract

We study the simple model of assigning indivisible and heterogenous objects (e.g., houses, jobs, offices, etc.) to agents. Each agent receives at most one object and monetary compensations are not possible. For this model, known as the house allocation model, we characterize the class of rules satisfying unavailable object invariance, individual rationality, weak non-wastefulness, resource-monotonicity, truncation invariance, and strategy-proofness: any rule with these properties must allocate objects based on (implicitly induced) objects' priorities over agents and the agent-proposing deferred-acceptance-algorithm.

Suggested Citation

  • Lars Ehlers & Bettina Klaus, 2013. "House Allocation via Deferred-Acceptance (N.B.: This paper has been extended and results are now contained in working paper 14.08.)," Cahiers de Recherches Economiques du Département d'économie 13.10, Université de Lausanne, Faculté des HEC, Département d’économie.
    • Handle: RePEc:lau:crdeep:13.10
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    References listed on IDEAS

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    1. Szilvia Papai, 2000. "Strategyproof Assignment by Hierarchical Exchange," Econometrica, Econometric Society, vol. 68(6), pages 1403-1434, November.
    2. Lars Ehlers & Bettina Klaus, 2012. "Strategy-Proofness Makes the Difference : Deferred-Acceptance with Responsive Priorities," Cahiers de recherche 15-2012, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    3. Lars Ehlers & Bettina Klaus, 2011. "Corrigendum to “Resource-monotonicity for house allocation problems”," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(2), pages 281-287, May.
    4. Fuhito Kojima & Mihai Manea, 2010. "Axioms for Deferred Acceptance," Econometrica, Econometric Society, vol. 78(2), pages 633-653, March.
    5. Thayer Morrill, 2013. "An alternative characterization of the deferred acceptance algorithm," International Journal of Game Theory, Springer;Game Theory Society, vol. 42(1), pages 19-28, February.
    6. Lars Ehlers & Bettina Klaus, 2013. "House Allocation via Deferred-Acceptance," Cahiers de recherche 06-2013, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    7. Lars Ehlers & Bettina Klaus, 2007. "Consistent House Allocation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 30(3), pages 561-574, March.
    8. Onur Kesten, 2009. "Coalitional strategy-proofness and resource monotonicity for house allocation problems," International Journal of Game Theory, Springer;Game Theory Society, vol. 38(1), pages 17-21, March.
    9. Chun, Youngsub & Thomson, William, 1988. "Monotonicity properties of bargaining solutions when applied to economics," Mathematical Social Sciences, Elsevier, vol. 15(1), pages 11-27, February.
    10. Balinski, Michel & Sonmez, Tayfun, 1999. "A Tale of Two Mechanisms: Student Placement," Journal of Economic Theory, Elsevier, vol. 84(1), pages 73-94, January.
    11. Crawford, Vincent P., 1991. "Comparative statics in matching markets," Journal of Economic Theory, Elsevier, vol. 54(2), pages 389-400, August.
    12. Ehlers, Lars, 2002. "Coalitional Strategy-Proof House Allocation," Journal of Economic Theory, Elsevier, vol. 105(2), pages 298-317, August.
    13. Alvin E. Roth, 1982. "The Economics of Matching: Stability and Incentives," Mathematics of Operations Research, INFORMS, vol. 7(4), pages 617-628, November.
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    Keywords

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    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

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