Distributional Preferences for Market Design

Federico Echenique, Teddy Mekonnen and M. Bumin Yenmez

Papers from arXiv.org

Abstract: Institutions care both about whom they select and the composition of the resulting group. We identify an upper-bound property and two exchange properties on distributional preferences. Conditional on the upper-bound property, the exchange properties are jointly necessary and sufficient for two results under every priority ranking: the greedy rule is the unique choice rule that is non-wasteful, distributionally maximal, and free of justified envy; and it is also path independent. In matching markets, deferred acceptance is the unique mechanism satisfying the three axioms, individual rationality, and strategy-proofness. Our framework accommodates intersectional identities and subsumes models based on reserves and matroids.

Date: 2026-02, Revised 2026-07
New Economics Papers: this item is included in nep-dcm, nep-des and nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://arxiv.org/pdf/2602.08035 Latest version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2602.08035

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().