Order Symmetry: A New Fairness Criterion for Assignment Mechanisms
Rupert Freeman,
Geoffrey Pritchard and
Mark Wilson
No xt37c, SocArXiv from Center for Open Science
Abstract:
We introduce a new fairness criterion, order symmetry, for assignment mechanisms that match n objects to n agents with ordinal preferences over the objects. An assignment mechanism is order symmetric with respect to some probability measure over preference profiles if every agent is equally likely to receive their favorite object, every agent is equally likely to receive their second favorite, and so on. When associated with a sufficiently symmetric probability measure, order symmetry is a relaxation of anonymity that, crucially, can be satisfied by discrete assignment mechanisms. Furthermore, it can be achieved without sacrificing other desirable axiomatic properties satisfied by existing mechanisms. In particular, we show that it can be achieved in conjunction with strategyproofness and ex post efficiency via the top trading cycles mechanism (but not serial dictatorship). We additionally design a novel mechanism that is both order symmetric and ordinally efficient. The practical utility of order symmetry is substantiated by simulations on Impartial Culture and Mallows-distributed preferences for four common assignment mechanisms.
Date: 2021-07-22
New Economics Papers: this item is included in nep-des and nep-mic
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:xt37c
DOI: 10.31219/osf.io/xt37c
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