School Choice with Transferable Students Characteristics

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Rodríguez Álvarez, Carmelo and Romero Medina, Antonio (2020) School Choice with Transferable Students Characteristics. [ Documentos de Trabajo del Instituto Complutense de Análisis Económico (ICAE); nº 04, 2020, ISSN: 2341-2356 ]

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Abstract

We consider school choice problems where school priorities depend on transfer-able student characteristics. In this framework, the tradeoff between efficiency and stability can be alleviated by forming fair Pareto improvements where a group of students may improve their assignment to schools by exchanging their positions and transferable characteristics at the schools they are initially assigned to without generating justified envy for the remaining students. We define the student exchange with transferable characteristics (SETC) class of algorithms. Every algorithm in the SETC class starts from an initial matching of students to schools and an initial allocation of transferable characteristics and proposes a sequence of fair Pareto improvements, until the point at which an additional efficiency gain implies a violation of the school priorities that cannot be solved with a reallocation of transferable characteristics.


Item Type:Working Paper or Technical Report
Additional Information:

First Version: July 27, 2020
This Version: August 3, 2022

Uncontrolled Keywords:School Choice; Transferable Characteristics; Priorities; Constrained Efficiency.
Subjects:Social sciences > Economics > Econometrics
JEL:C78, D61, D78, I20
Series Name:Documentos de Trabajo del Instituto Complutense de Análisis Económico (ICAE)
Volume:2020
Number:04
ID Code:61990
Deposited On:07 Sep 2020 11:57
Last Modified:05 Oct 2022 11:22

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