Article ID Journal Published Year Pages File Type
972665 Mathematical Social Sciences 2013 4 Pages PDF
Abstract

•We characterize the Boston mechanism.•Two simple axioms characterize it on the full priority domain.•We only need one of them to axiomatize the rule in the acceptant priorities’ domain.

Kojima and Ünver (forthcoming) are the first to characterize the class of mechanisms coinciding with the Boston mechanism for some priority order. By mildly strengthening their central axiom, we are able to pin down the Boston mechanism outcome for every priority order. Our main result shows that a mechanism is outcome equivalent to the Boston mechanism at every priority if and only if it respects both preference rankings and priorities and satisfies individual rationality for schools. In environments where each student is acceptable to every school, respecting both preference rankings and priorities is enough to characterize the Boston mechanism.

Related Topics
Physical Sciences and Engineering Mathematics Applied Mathematics
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