Efficient lottery design:
There has been a surge of interest in stochastic assignment mechanisms which proved to be theoretically compelling thanks to their prominent welfare properties. Contrary to stochastic mechanisms, however, lottery mechanisms are commonly used for indivisible good allocation in real-life. To help faci...
Gespeichert in:
| Hauptverfasser: | , , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Berlin
WZB
2015
|
| Schriftenreihe: | Discussion paper
|
| Online-Zugang: | Volltext Volltext |
| Zusammenfassung: | There has been a surge of interest in stochastic assignment mechanisms which proved to be theoretically compelling thanks to their prominent welfare properties. Contrary to stochastic mechanisms, however, lottery mechanisms are commonly used for indivisible good allocation in real-life. To help facilitate the design of practical lottery mechanisms, we provide new tools for obtaining stochastic improvements in lotteries. As applications, we propose lottery mechanisms that improve upon the widely-used random serial dictatorship mechanism and a lottery representation of its competitor, the probabilistic serial mechanism. The tools we provide here can be useful in developing welfare-enhanced new lottery mechanisms for practical applications such as school choice. |
| Beschreibung: | 1 Online-Ressource (37 S.) |
Internformat
MARC
| LEADER | 00000nmm a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV042390294 | ||
| 003 | DE-604 | ||
| 005 | 20150309 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 150304s2015 |||| o||u| ||||||eng d | ||
| 035 | |a (OCoLC)915582163 | ||
| 035 | |a (DE-599)GBV818338539 | ||
| 040 | |a DE-604 |b ger | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-188 | ||
| 088 | |a SP II 2015 203 | ||
| 100 | 1 | |a Kesten, Onur |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Efficient lottery design |c Onur Kesten ; Morimitsu Kurino ; Alexander Nesterov |
| 264 | 1 | |a Berlin |b WZB |c 2015 | |
| 300 | |a 1 Online-Ressource (37 S.) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a Discussion paper | |
| 520 | 1 | |a There has been a surge of interest in stochastic assignment mechanisms which proved to be theoretically compelling thanks to their prominent welfare properties. Contrary to stochastic mechanisms, however, lottery mechanisms are commonly used for indivisible good allocation in real-life. To help facilitate the design of practical lottery mechanisms, we provide new tools for obtaining stochastic improvements in lotteries. As applications, we propose lottery mechanisms that improve upon the widely-used random serial dictatorship mechanism and a lottery representation of its competitor, the probabilistic serial mechanism. The tools we provide here can be useful in developing welfare-enhanced new lottery mechanisms for practical applications such as school choice. | |
| 700 | 1 | |a Kurino, Morimitsu |e Verfasser |4 aut | |
| 700 | 1 | |a Nesterov, Alexander |e Verfasser |4 aut | |
| 856 | 4 | 0 | |u http://bibliothek.wzb.eu/pdf/2015/ii15-203.pdf |x Verlag |z kostenfrei |3 Volltext |
| 856 | 4 | 0 | |u http://hdl.handle.net/10419/107132 |x Langzeitarchivierung |z kostenfrei |3 Volltext |
| 912 | |a ebook | ||
| 999 | |a oai:aleph.bib-bvb.de:BVB01-027826198 | ||
Datensatz im Suchindex
| _version_ | 1804153038859927552 |
|---|---|
| any_adam_object | |
| author | Kesten, Onur Kurino, Morimitsu Nesterov, Alexander |
| author_facet | Kesten, Onur Kurino, Morimitsu Nesterov, Alexander |
| author_role | aut aut aut |
| author_sort | Kesten, Onur |
| author_variant | o k ok m k mk a n an |
| building | Verbundindex |
| bvnumber | BV042390294 |
| collection | ebook |
| ctrlnum | (OCoLC)915582163 (DE-599)GBV818338539 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01841nmm a2200337 c 4500</leader><controlfield tag="001">BV042390294</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20150309 </controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">150304s2015 |||| o||u| ||||||eng d</controlfield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)915582163</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBV818338539</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-188</subfield></datafield><datafield tag="088" ind1=" " ind2=" "><subfield code="a">SP II 2015 203</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Kesten, Onur</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Efficient lottery design</subfield><subfield code="c">Onur Kesten ; Morimitsu Kurino ; Alexander Nesterov</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Berlin</subfield><subfield code="b">WZB</subfield><subfield code="c">2015</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (37 S.)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Discussion paper</subfield></datafield><datafield tag="520" ind1="1" ind2=" "><subfield code="a">There has been a surge of interest in stochastic assignment mechanisms which proved to be theoretically compelling thanks to their prominent welfare properties. Contrary to stochastic mechanisms, however, lottery mechanisms are commonly used for indivisible good allocation in real-life. To help facilitate the design of practical lottery mechanisms, we provide new tools for obtaining stochastic improvements in lotteries. As applications, we propose lottery mechanisms that improve upon the widely-used random serial dictatorship mechanism and a lottery representation of its competitor, the probabilistic serial mechanism. The tools we provide here can be useful in developing welfare-enhanced new lottery mechanisms for practical applications such as school choice.</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Kurino, Morimitsu</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Nesterov, Alexander</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">http://bibliothek.wzb.eu/pdf/2015/ii15-203.pdf</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">http://hdl.handle.net/10419/107132</subfield><subfield code="x">Langzeitarchivierung</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ebook</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-027826198</subfield></datafield></record></collection> |
| id | DE-604.BV042390294 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T01:20:15Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-027826198 |
| oclc_num | 915582163 |
| open_access_boolean | 1 |
| owner | DE-188 |
| owner_facet | DE-188 |
| physical | 1 Online-Ressource (37 S.) |
| psigel | ebook |
| publishDate | 2015 |
| publishDateSearch | 2015 |
| publishDateSort | 2015 |
| publisher | WZB |
| record_format | marc |
| series2 | Discussion paper |
| spelling | Kesten, Onur Verfasser aut Efficient lottery design Onur Kesten ; Morimitsu Kurino ; Alexander Nesterov Berlin WZB 2015 1 Online-Ressource (37 S.) txt rdacontent c rdamedia cr rdacarrier Discussion paper There has been a surge of interest in stochastic assignment mechanisms which proved to be theoretically compelling thanks to their prominent welfare properties. Contrary to stochastic mechanisms, however, lottery mechanisms are commonly used for indivisible good allocation in real-life. To help facilitate the design of practical lottery mechanisms, we provide new tools for obtaining stochastic improvements in lotteries. As applications, we propose lottery mechanisms that improve upon the widely-used random serial dictatorship mechanism and a lottery representation of its competitor, the probabilistic serial mechanism. The tools we provide here can be useful in developing welfare-enhanced new lottery mechanisms for practical applications such as school choice. Kurino, Morimitsu Verfasser aut Nesterov, Alexander Verfasser aut http://bibliothek.wzb.eu/pdf/2015/ii15-203.pdf Verlag kostenfrei Volltext http://hdl.handle.net/10419/107132 Langzeitarchivierung kostenfrei Volltext |
| spellingShingle | Kesten, Onur Kurino, Morimitsu Nesterov, Alexander Efficient lottery design |
| title | Efficient lottery design |
| title_auth | Efficient lottery design |
| title_exact_search | Efficient lottery design |
| title_full | Efficient lottery design Onur Kesten ; Morimitsu Kurino ; Alexander Nesterov |
| title_fullStr | Efficient lottery design Onur Kesten ; Morimitsu Kurino ; Alexander Nesterov |
| title_full_unstemmed | Efficient lottery design Onur Kesten ; Morimitsu Kurino ; Alexander Nesterov |
| title_short | Efficient lottery design |
| title_sort | efficient lottery design |
| url | http://bibliothek.wzb.eu/pdf/2015/ii15-203.pdf http://hdl.handle.net/10419/107132 |
| work_keys_str_mv | AT kestenonur efficientlotterydesign AT kurinomorimitsu efficientlotterydesign AT nesterovalexander efficientlotterydesign |