详细信息

New axioms for deferred acceptance    

文献类型:期刊文献

英文题名:New axioms for deferred acceptance

作者:Chen, Yajing[1]

机构:[1]East China Univ Sci & Technol, Sch Business, 130 Meilong Rd, Shanghai 200237, Peoples R China

年份:2017

卷号:48

期号:2

起止页码:393

外文期刊名:SOCIAL CHOICE AND WELFARE

收录:;WOS:【SSCI(收录号:WOS:000395004000008)】;

语种:英文

摘要:We study the problem of allocating a set of indivisible objects to a set of agents based on agents' preferences over objects and objects' "choice functions" over agents, when monetary transfers are not allowed. Following Kojima and Manea (Econometrica 78(2):633-653, 2010) and Morrill (Int J Game Theory 42(1):19-28, 2013a), this paper provides four characterizations of the agent-proposing deferred acceptance allocation rule for all acceptant substitutable choice functions. It is the only rule satisfying any one of the following groups of axioms: (1) stability, rank monotonicity; (2) non-wastefulness, top best, weak consistency, rank monotonicity; (3) non-wastefulness, strong top best, weak Maskin monotonicity; (4) non-wastefulness, strong group rationality, rank monotonicity. These results suggested that two new axioms: rank monotonicity and weak consistency, deserve further attention. They also shed light on what distinguishes the agent-proposing deferred acceptance rule from the other rules.

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