3 papers
math.PR2025
Travel Bans vs. Other Disease Mitigation Measures: A Mathematical Analysis
Christian Borgs, Karissa Huang, Geng Zhao
As the world grows increasingly connected, infectious disease transmission and outbreaks have become a pressing global concern for public health officials and policymakers. While p…
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.TH2024
The Large and Likely Inefficiency of Stable Matching Mechanisms
Josue Ortega, Gabriel Ziegler, R. Pablo Arribillaga +1
We prove that any stable matching mechanism suffers from systematic inefficiency of striking magnitude: in large random markets, any stable allocation is Pareto-inefficient with hi…