Local non-bossiness

Duque, Eduardo - Pereyra, Juan S. - Torres-Martinez, Juan Pablo

Resumen:

The student-optimal stable mechanism (DA), the most popular mechanism in school choice, is the only one that is both stable and strategy-proof. However, when DA is implemented, a student can change the schools of others without changing her own. We show that this drawback is limited: a student cannot change her classmates while remaining in the same school. We refer to this new property as local non-bossiness and use it to provide a new characterization of DA that does not rely on stability. Furthermore, we show that local non-bossiness plays a crucial role in providing incentives to be truthful when students have preferences over their colleagues. As long as students first consider the school to which they are assigned and then their classmates, DA induces the only stable and strategy-proof mechanism. There is limited room to expand this preference domain without compromising the existence of a stable and strategy-proof mechanism.

Detalles Bibliográficos
2024
Agencia Nacional de Investigación e Innovación
Teoría microeconómica
School Choice
Local Non-bossiness
Student-optimal stable mechanism
Ciencias Sociales
Economía y Negocios
Inglés
Agencia Nacional de Investigación e Innovación
REDI
https://hdl.handle.net/20.500.12381/3902
https://doi.org/10.48550/arXiv.2406.01398
Acceso abierto
Dedicación de Dominio Público 1.0 Universal. (CC0)