Axioms for Deferred Acceptance
成果类型:
Article
署名作者:
Kojima, Fuhito; Manea, Mihai
署名单位:
Stanford University; Massachusetts Institute of Technology (MIT)
刊物名称:
ECONOMETRICA
ISSN/ISSBN:
0012-9682
DOI:
10.3982/ECTA7443
发表日期:
2010
页码:
633-653
关键词:
Strategy-proofness
Resource-monotonicity
Fair division
allocation
mechanisms
摘要:
The deferred acceptance algorithm is often used to allocate indivisible objects when monetary transfers are not allowed. We provide two characterizations of agent-proposing deferred acceptance allocation rules. Two new axioms-individually rational monotonicity and weak Maskin monotonicity-are essential to our analysis. An allocation rule is the agent-proposing deferred acceptance rule for some acceptant substitutable priority if and only if it satisfies non-wastefulness and individually rational monotonicity. An alternative characterization is in terms of non-wastefulness, population monotonicity, and weak Maskin monotonicity. We also offer an axiomatization of the deferred acceptance rule generated by an exogenously specified priority structure. We apply our results to characterize efficient deferred acceptance rules.
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