When does an additional stage improve welfare in centralized assignment?
研究了多阶段集中分配系统(如学校选择)中,何时增加一个分配阶段能改善学生福利,分析了容量-优先级结构对均衡结果的影响。
Abstract We study multistage centralized assignment systems to allocate scarce resources based on priorities in the context of school choice. We characterize schools’ capacity-priority profiles under which an additional stage of assignment may improve student welfare when the deferred acceptance algorithm is used at each stage. If the capacity-priority profile is acyclic , then no student prefers any subgame-perfect Nash equilibrium (SPNE) outcome of the 2-stage system to the truthful dominant-strategy equilibrium outcome of the 1-stage system. If the capacity-priority profile is not acyclic, then an SPNE outcome of the 2-stage system may Pareto dominate the truthful dominant-strategy equilibrium outcome of the 1-stage system. If students are restricted to playing truncation strategies, an additional stage unambiguously improves student welfare: no student prefers the truthful dominant-strategy equilibrium outcome of the 1-stage system to any SPNE outcome of the 2-stage system.