Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/150257 
Year of Publication: 
2015
Citation: 
[Journal:] Theoretical Economics [ISSN:] 1555-7561 [Volume:] 10 [Issue:] 2 [Publisher:] The Econometric Society [Place:] New Haven, CT [Year:] 2015 [Pages:] 543-595
Publisher: 
The Econometric Society, New Haven, CT
Abstract: 
A new mechanism was introduced in New York City and Boston to assign students to public schools. This mechanism was advocated for its superior fairness property, besides others. We introduce a new framework for school-choice problems and two notions of fairness in lottery design based on ex-ante stability. This framework unifies known many-to-one and one-sided matching models. We show that the NYC/Boston mechanism fails to satisfy these fairness properties. We then propose two new mechanisms, one that is ordinally Pareto-dominant within the class of strongly ex-ante stable mechanisms and one that satisfies ex-ante stability, equal treatment, and constrained ordinal-Pareto-efficiency.
Subjects: 
Matching
school choice
deferred acceptance
stability
ordinal efficiency
market design
JEL: 
C71
C78
D71
D78
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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