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- W2019944844 abstract "We study resource allocation with multi-unit demand, such as the allocation of courses to students. In contrast to the case of single-unit demand, no stable mechanism, not even the (student-proposing) deferred acceptance algorithm, achieves desirable properties: it is not strategy-proof and the resulting allocation is not even weakly efficient under submitted preferences. We characterize the priority structure of courses over students under which stability is consistent with strategy-proofness or efficiency. We show that stability is compatible with strategy-proofness or efficiency if and only if the priority structure is essentially homogeneous. This result suggests that efficient allocation under multi-unit demand is difficult and that the use of stable mechanisms may not deliver desirable outcomes." @default.
- W2019944844 created "2016-06-24" @default.
- W2019944844 creator A5072023922 @default.
- W2019944844 date "2013-11-01" @default.
- W2019944844 modified "2023-09-26" @default.
- W2019944844 title "Efficient resource allocation under multi-unit demand" @default.
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- W2019944844 doi "https://doi.org/10.1016/j.geb.2013.06.005" @default.
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