Local and global consistency properties for student placement

Bettina Klaus () and Flip Klijn

Journal of Mathematical Economics, 2013, vol. 49, issue 3, 222-229

Abstract: In the context of resource allocation on the basis of priorities, Ergin (2002) identifies a necessary and sufficient condition on the priority structure such that the student-optimal stable mechanism satisfies a consistency principle. Ergin (2002) formulates consistency as a local property based on a fixed population of agents and fixed resources—we refer to this condition as local consistency and to his condition on the priority structure as local acyclicity. A related but stronger necessary and sufficient condition on the priority structure such that the student-optimal stable mechanism satisfies a more standard global consistency property is unit acyclicity.

Keywords: Student placement; Consistency; Converse consistency; Priority structure (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (10)

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Related works:
Working Paper: Local and Global Consistency Properties for Student Placement (2015)
Working Paper: Local and Global Consistency Properties for Student Placement (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:49:y:2013:i:3:p:222-229

DOI: 10.1016/j.jmateco.2013.03.002

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