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- W2908258236 abstract "Abstract We study multistage centralized assignment systems to allocate scarce resources based on priorities in the context of school choice. We characterize schools’ capacity-priority profiles under which an additional stage of assignment may improve student welfare when the deferred acceptance algorithm is used at each stage. If the capacity-priority profile is acyclic , then no student prefers any subgame-perfect Nash equilibrium (SPNE) outcome of the 2-stage system to the truthful dominant-strategy equilibrium outcome of the 1-stage system. If the capacity-priority profile is not acyclic, then an SPNE outcome of the 2-stage system may Pareto dominate the truthful dominant-strategy equilibrium outcome of the 1-stage system. If students are restricted to playing truncation strategies, an additional stage unambiguously improves student welfare: no student prefers the truthful dominant-strategy equilibrium outcome of the 1-stage system to any SPNE outcome of the 2-stage system." @default.
- W2908258236 created "2019-01-11" @default.
- W2908258236 creator A5021481794 @default.
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- W2908258236 date "2023-02-24" @default.
- W2908258236 modified "2023-10-16" @default.
- W2908258236 title "When does an additional stage improve welfare in centralized assignment?" @default.
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- W2908258236 doi "https://doi.org/10.1007/s00199-023-01488-y" @default.
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