We describe a new mechanism - what we call a booster draft - for allocating multiple, indivisible objects among a group of individuals. The mechanism’s appeal lies in its strategy-proofness and simplicity:…
We analyze a monopolist who offers different variants of a possibly dangerous product to heterogeneous customers. Product variants are distinguished by different safety attributes. Customers choose product usage…
Recent papers show that the all-pay auction is better at raising money for charity than the first-price auction with symmetric bidders under incomplete information. Yet, this result is lost with sufficiently…
In this research project we investigate how the design of school assignment rules affects social segregation and its implications for social inequality. The context of our study is the Hungarian school system,…
We study the welfare effects of school district consolidation, i.e. the integration of disjoint school districts into a centralised clearinghouse. We show theoretically that, in the worst-case scenario, district…
