| dc.contributor.author | Abdulkadiroǧlu, Atila | |
| dc.contributor.author | Che, Yeon-Koo | |
| dc.contributor.author | Pathak, Parag A | |
| dc.contributor.author | Roth, Alvin E | |
| dc.contributor.author | Tercieux, Olivier | |
| dc.date.accessioned | 2022-08-30T16:00:12Z | |
| dc.date.available | 2022-08-30T16:00:12Z | |
| dc.date.issued | 2020 | |
| dc.identifier.uri | https://hdl.handle.net/1721.1/145198 | |
| dc.description.abstract | <jats:p> Top trading cycles (TTC) is Pareto efficient and strategy-proof in priority-based matching, but so are other mechanisms including serial dictatorship. We show that TTC minimizes justified envy among all Pareto-efficient and strategy-proof mechanisms in one-to-one matching. In many-to-one matching, TTC admits less justified envy than serial dictatorship in an average sense. Empirical evidence from New Orleans OneApp and Boston Public Schools shows that TTC has significantly less justified envy than serial dictatorship. (JEL C78, D61) </jats:p> | en_US |
| dc.language.iso | en | |
| dc.publisher | American Economic Association | en_US |
| dc.relation.isversionof | 10.1257/AERI.20190307 | en_US |
| dc.rights | Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use. | en_US |
| dc.source | American Economic Association | en_US |
| dc.title | Efficiency, Justified Envy, and Incentives in Priority-Based Matching | en_US |
| dc.type | Article | en_US |
| dc.identifier.citation | Abdulkadiroǧlu, Atila, Che, Yeon-Koo, Pathak, Parag A, Roth, Alvin E and Tercieux, Olivier. 2020. "Efficiency, Justified Envy, and Incentives in Priority-Based Matching." American Economic Review: Insights, 2 (4). | |
| dc.contributor.department | Massachusetts Institute of Technology. Department of Economics | |
| dc.relation.journal | American Economic Review: Insights | en_US |
| dc.eprint.version | Final published version | en_US |
| dc.type.uri | http://purl.org/eprint/type/JournalArticle | en_US |
| eprint.status | http://purl.org/eprint/status/PeerReviewed | en_US |
| dc.date.updated | 2022-08-30T15:53:22Z | |
| dspace.orderedauthors | Abdulkadiroǧlu, A; Che, Y-K; Pathak, PA; Roth, AE; Tercieux, O | en_US |
| dspace.date.submission | 2022-08-30T15:53:23Z | |
| mit.journal.volume | 2 | en_US |
| mit.journal.issue | 4 | en_US |
| mit.license | PUBLISHER_POLICY | |
| mit.metadata.status | Authority Work and Publication Information Needed | en_US |
