Abstract
We motivate procedural fairness for matching mechanisms and study two procedurally fair and stable mechanisms: employment by lotto (aldershof et al. , 1999) and the random order mechanism (roth and vande vate, 1990, ma, 1996). For both mechanisms we give various examples of probability distributions on the set of stable matchings and discuss properties that differentiate employment by lotto and the random order mechanism. Finally, we consider an adjustment of the random order mechanism, the equitable random order mechanism, that combines aspects of procedural and “endstate” fairness.
Original language | English |
---|---|
Pages (from-to) | 431-447 |
Number of pages | 17 |
Journal | Economic Theory |
Volume | 27 |
DOIs | |
Publication status | Published - 1 Jan 2006 |