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econ.TH2025
What Pareto-Efficiency Adjustments Cannot Fix
Josue Ortega, Gabriel Ziegler, R. Pablo Arribillaga +1
The Deferred Acceptance (DA) algorithm is stable and strategy-proof, but can produce outcomes that are Pareto-inefficient for students, and thus several alternative mechanisms have…
econ.TH2025
The Trade-off Between Minimal Instability and Larger Improvements over Deferred Acceptance
Taylor Knipe, Josue Ortega
The celebrated Efficiency-Adjusted Deferred Acceptance mechanism (EADA) improves the efficiency of the DA algorithm via consented priority violations. Notwithstanding its many meri…