3 papers
econ.TH2025
Market Design with Distributional Objectives
Isa E. Hafalir, Fuhito Kojima, M. Bumin Yenmez +1
We provide optimal solutions to an institution that has distributional objectives when choosing from a set of applications based on merit (or priority). For example, in college adm…
econ.TH2025
Istanbul Flower Auction: The Need for Speed
Isa Hafalir, Onur Kesten, Donglai Luo +2
We examine a unique auction format used in the Istanbul flower market, which could transform into either Dutch or English auction depending on bidders' bidding behaviors. By introd…
econ.TH2024
Rationalizing Path-Independent Choice Rules
Koji Yokote, Isa E. Hafalir, Fuhito Kojima +1
Path independence is arguably one of the most important choice rule properties in economic theory. We show that a choice rule is path independent if and only if it is rationalizabl…