Efficient lottery design

Kesten, Onur; Kurino, Morimitsu; Nesterov, Alexander S.

[working paper]

dc.contributor.author	Kesten, Onur	de
dc.contributor.author	Kurino, Morimitsu	de
dc.contributor.author	Nesterov, Alexander S.	de
dc.date.accessioned	2016-02-25T13:29:20Z
dc.date.available	2016-02-25T13:29:20Z
dc.date.issued	2015	de
dc.identifier.uri	http://www.ssoar.info/ssoar/handle/document/46260
dc.description.abstract	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. (author's abstract)	en
dc.language	en	de
dc.subject.ddc	Wirtschaft	de
dc.subject.ddc	Economics	en
dc.title	Efficient lottery design	de
dc.description.review	begutachtet	de
dc.description.review	reviewed	en
dc.source.volume	SP II 2015-203	de
dc.publisher.country	DEU
dc.publisher.city	Berlin	de
dc.source.series	Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Markt und Entscheidung, Abteilung Verhalten auf Märkten
dc.subject.classoz	Basic Research, General Concepts and History of Economics	en
dc.subject.classoz	Allgemeines, spezielle Theorien und Schulen, Methoden, Entwicklung und Geschichte der Wirtschaftswissenschaften	de
dc.subject.thesoz	Effizienz	de
dc.subject.thesoz	random sample	en
dc.subject.thesoz	Marktmechanismus	de
dc.subject.thesoz	efficiency	en
dc.subject.thesoz	Verteilung	de
dc.subject.thesoz	Zufallsauswahl	de
dc.subject.thesoz	Wirkung	de
dc.subject.thesoz	market mechanism	en
dc.subject.thesoz	effect	en
dc.subject.thesoz	distribution	en
dc.subject.thesoz	social assistance	en
dc.subject.thesoz	Stochastik	de
dc.subject.thesoz	Schulwahl	de
dc.subject.thesoz	school choice	en
dc.subject.thesoz	Sozialhilfe	de
dc.subject.thesoz	stochastics	en
dc.rights.licence	Deposit Licence - Keine Weiterverbreitung, keine Bearbeitung	de
dc.rights.licence	Deposit Licence - No Redistribution, No Modifications	en
ssoar.contributor.institution	WZB	de
internal.status	formal und inhaltlich fertig erschlossen	de
internal.identifier.thesoz	10051694
internal.identifier.thesoz	10057496
internal.identifier.thesoz	10041426
internal.identifier.thesoz	10037483
internal.identifier.thesoz	10063008
internal.identifier.thesoz	10059374
internal.identifier.thesoz	10036643
internal.identifier.thesoz	10038009
dc.type.stock	monograph	de
dc.type.document	Arbeitspapier	de
dc.type.document	working paper	en
dc.source.pageinfo	36	de
internal.identifier.classoz	10901
internal.identifier.document	3
dc.contributor.corporateeditor	Wissenschaftszentrum Berlin für Sozialforschung gGmbH
internal.identifier.corporateeditor	381
internal.identifier.ddc	330
dc.description.pubstatus	Published Version	en
dc.description.pubstatus	Veröffentlichungsversion	de
internal.identifier.licence	3
internal.identifier.pubstatus	1
internal.identifier.review	2
internal.identifier.series	961
dc.subject.classhort	10900	de
dc.identifier.handle	https://hdl.handle.net/10419/107132
internal.check.abstractlanguageharmonizer	CERTAIN

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Allgemeines, spezielle Theorien und "Schulen", Methoden, Entwicklung und Geschichte der Wirtschaftswissenschaften
Basic Research, General Concepts and History of Economics

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