SearcharxivSearch

arXiv subjects

Sophie Bade

Publications and source records attributed to Sophie Bade.

4 recordsLinked to original sources

Roommates with Convex Preferences

Roommate problems with convex preferences always have stable matchings. Efficiency and individual rationality are, moreover, compatible with strategyproofness in such convex roommate problems. Both of these results fail without the assumption of convexity. In the environment under study, preferences are convex if and only if they are single peaked. Any individually rational and convex roommate problem is homomorphic to a marriage market where an agent's gender corresponds to the direction of the agent's top-ranked partner. The existence of stable matchings then follows from the existence of stable matchings in marriage markets. To prove the second existence result, I define an efficient, individually rational, and strategyproof mechanism for convex roommate problems. To calculate outcomes, this mechanism starts with all agents being single and then gradually reassigns agents to better partners by performing minimal Pareto improvements. Whenever it becomes clear that some agent cannot be part of any further Pareto improvement, such an agent is matched.

econ.TH

Royal Processions: Incentives, Efficiency and Fairness in Two-sided Matching

We study the set of incentive compatible and efficient two-sided matching mechanisms. We classify all such mechanisms under an additional assumption -- "gender-neutrality" -- which guarantees that the two sides be treated symmetrically. All group strategy-proof, efficient and gender-neutral mechanisms are recursive and the outcome is decided in a sequence of rounds. In each round, two agents are selected, one from each side. These agents are either "matched-by-default" or "unmatched-by-default." In the former case either of the selected agents can unilaterally force the other to match with them while in the latter case they may only match together if both agree. In either case, if this pair of agents is not matched together, each gets their top choice among the set of remaining agents. As an important step in the characterization, we first show that in one-sided matching all group strategy-proof and efficient mechanisms are sequential dictatorships. An immediate corollary is that there are no individually rational, group strategy-proof and efficient one-sided matching mechanisms.

econ.TH

Fairness for Multi-Self Agents

We investigate whether fairness is compatible with efficiency in economies with multi-self agents, who may not be able to integrate their multiple objectives into a single complete and transitive ranking. We adapt envy-freeness, egalitarian-equivalence and the fair-share guarantee in two different ways. An allocation is unambiguously-fair if it satisfies the chosen criterion of fairness according to every objective of any agent; it is aggregate-fair if it satisfies the criterion for some aggregation of each agent's objectives. While efficiency is always compatible with the unambiguous fair-share guarantee, it is incompatible with unambiguous envy-freeness in economics with at least three agents. Two agents are enough for efficiency and unambiguous egalitarian-equivalence to clash. Efficiency and the unambiguous fair-share guarantee can be attained together with aggregate envy-freeness, or aggregate egalitarian-equivalence.

econ.TH

Gibbard-Satterthwaite Success Stories and Obvious Strategyproofness

The Gibbard-Satterthwaite Impossibility Theorem holds that dictatorship is the only Pareto optimal and strategyproof social choice function on the full domain of preferences. Much of the work in mechanism design aims at getting around this impossibility theorem. Three grand success stories stand out. On the domains of single peaked preferences, of house matching, and of quasilinear preferences, there are appealing Pareto optimal and strategyproof social choice functions. We investigate whether these success stories are robust to strengthening strategyproofness to obvious strategyproofness (OSP), recently introduced by Li (2015). For single peaked preferences, we characterize the class of OSP-implementable and unanimous social choice functions as dictatorships with safeguards against extremism - mechanisms (which turn out to also be Pareto optimal) in which the dictator can choose the outcome, but other agents may prevent the dictator from choosing an outcome that is too extreme. Median voting is consequently not OSP-implementable. Indeed, the only OSP-implementable quantile rules choose either the minimal or the maximal ideal point. For house matching, we characterize the class of OSP-implementable and Pareto optimal matching rules as sequential barter with lurkers - a significant generalization over bossy variants of bipolar serially dictatorial rules. While Li (2015) shows that second-price auctions are OSP-implementable when only one good is sold, we show that this positive result does not extend to the case of multiple goods. Even when all agents' preferences over goods are quasilinear and additive, no welfare-maximizing auction where losers pay nothing is OSP-implementable when more than one good is sold. Our analysis makes use of a gradual revelation principle, an analog of the (direct) revelation principle for OSP mechanisms that we present and prove.

cs.GT