Marketing, Matching Models, Two-Sided Matching Markets, Job Markets, Academic Stratification, Research Productivity.

Fair School Placement

by José Alcalde

Co-authored with Antonio Romero-Medina. QT&ET Working Paper 11-01. http://ideas.repec.org/p/ris/qmetal/2011_001.html

This paper introduces τ-fairness as a compromise solution reconciling Pareto efficiency and equity in School Choice... more This paper introduces τ-fairness as a compromise solution reconciling Pareto efficiency and equity in School Choice Problems. We show that, by considering a weak notion of equity that we refer to as λ-equity, it is possible to contribute positively to solve an open debate, originated by the efficiency-equity trade-off of the schooling problem. We also suggest a slight modification to some allocative procedures recently introduced in the United States to compute τ-fair allocations and provide support for this (possible) reformulation.