School choice with farsighted students

B-Tier
Journal: Games and Economic Behavior
Year: 2025
Volume: 149
Issue: C
Pages: 148-163

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We consider priority-based school choice problems with farsighted students. We show that a singleton set consisting of the matching obtained from the Top Trading Cycles (TTC) mechanism is a farsighted stable set. However, the matching obtained from the Deferred Acceptance (DA) mechanism may not belong to any farsighted stable set. Hence, the TTC mechanism provides an assignment that is not only Pareto efficient but also farsightedly stable. Moreover, looking forward three steps ahead is already sufficient for stabilizing the matching obtained from the TTC. In addition, we show that variations of TTC that improve in terms of no justified envy are farsightedly stable, but may require more farsightedness on behalf of students.

Technical Details

RePEc Handle
repec:eee:gamebe:v:149:y:2025:i:c:p:148-163
Journal Field
Theory
Author Count
3
Added to Database
2026-01-24