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Author: Ashutosh Dinesh Thakur
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
In this dissertation I use tools from market design and matching theory to study institutional design in political economy and development. How are personnel allocated within a public organization? What is the intended distribution of talent across institutions and are organizational procedures successful in attaining their stated goals? Who can exert influence in personnel allocation processes and what is the impact of these organizational choices on outcomes? How does an institution evolve? How should these systems be designed? My research tries to address such institutional questions at the heart of public administration and political economy. Matching theory in political economy is an unexplored space. In political economy, we often think of underlying voting processes determining allocations or outcomes. However, there are also many assignment problems where there is no voting, or where the voting process is embedded within a larger allocation procedure. At the heart of such assignment procedures is a matching mechanism. It takes as input, people's preferences of where they want to be assigned, incorporates priorities and other constraints to be instituted, and returns the set of assignments. I use and develop tools of matching theory in these instances to better understand the assignment problems (empirically and theoretically) and to design better mechanisms (an engineering perspective). I explore two new substantive applications in matching theory: mechanisms allocating elite civil servants to states in India (Chapter 1) and party-specific mechanisms for assigning politicians to committees in the US Senate (Chapter 2). These political economy applications share a unique feature that is new to the theoretical matching literature. Namely, the very people who are allocated by the matching mechanism choose, or agree upon, the choice of the matching mechanism. Chapter 3 studies the matching mechanism as an endogenously chosen institution and introduces the novel concept of majority stability. Collectively, my dissertation highlights two important themes at the intersection of matching theory and political economy: i) correlated preferences as a source of institutional imbalance and ii) the perspective of a matching mechanism being an endogenous institutional choice.
Author: Ashutosh Dinesh Thakur
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
In this dissertation I use tools from market design and matching theory to study institutional design in political economy and development. How are personnel allocated within a public organization? What is the intended distribution of talent across institutions and are organizational procedures successful in attaining their stated goals? Who can exert influence in personnel allocation processes and what is the impact of these organizational choices on outcomes? How does an institution evolve? How should these systems be designed? My research tries to address such institutional questions at the heart of public administration and political economy. Matching theory in political economy is an unexplored space. In political economy, we often think of underlying voting processes determining allocations or outcomes. However, there are also many assignment problems where there is no voting, or where the voting process is embedded within a larger allocation procedure. At the heart of such assignment procedures is a matching mechanism. It takes as input, people's preferences of where they want to be assigned, incorporates priorities and other constraints to be instituted, and returns the set of assignments. I use and develop tools of matching theory in these instances to better understand the assignment problems (empirically and theoretically) and to design better mechanisms (an engineering perspective). I explore two new substantive applications in matching theory: mechanisms allocating elite civil servants to states in India (Chapter 1) and party-specific mechanisms for assigning politicians to committees in the US Senate (Chapter 2). These political economy applications share a unique feature that is new to the theoretical matching literature. Namely, the very people who are allocated by the matching mechanism choose, or agree upon, the choice of the matching mechanism. Chapter 3 studies the matching mechanism as an endogenously chosen institution and introduces the novel concept of majority stability. Collectively, my dissertation highlights two important themes at the intersection of matching theory and political economy: i) correlated preferences as a source of institutional imbalance and ii) the perspective of a matching mechanism being an endogenous institutional choice.
Author: Jean-François Laslier
Publisher: Springer Nature
ISBN: 3030180506
Category : Business & Economics
Languages : en
Pages : 507
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Book Description
This collection of essays represents responses by over eighty scholars to an unusual request: give your high level assessment of the field of economic design, as broadly construed. Where do we come from? Where do we go from here? The book editors invited short, informal reflections expressing deeply felt but hard to demonstrate opinions, unsupported speculation, and controversial views of a kind one might not normally risk submitting for review. The contributors – both senior researchers who have shaped the field and promising, younger researchers – responded with a diverse collection of provocative pieces, including: retrospective assessments or surveys of the field; opinion papers; reflections on critical points for the development of the discipline; proposals for the immediate future; "science fiction"; and many more. The readers should have fun reading these unusual pieces – as much as the contributors enjoyed writing them.
Author: Alvin E. Roth
Publisher: Cambridge University Press
ISBN: 1107782430
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
Two-sided matching provides a model of search processes such as those between firms and workers in labor markets or between buyers and sellers in auctions. This book gives a comprehensive account of recent results concerning the game-theoretic analysis of two-sided matching. The focus of the book is on the stability of outcomes, on the incentives that different rules of organization give to agents, and on the constraints that these incentives impose on the ways such markets can be organized. The results for this wide range of related models and matching situations help clarify which conclusions depend on particular modeling assumptions and market conditions, and which are robust over a wide range of conditions. 'This book chronicles one of the outstanding success stories of the theory of games, a story in which the authors have played a major role: the theory and practice of matching markets ... The authors are to be warmly congratulated for this fine piece of work, which is quite unique in the game-theoretic literature.' From the Foreword by Robert Aumann
Author: Sebastian Buhai
Publisher: Rozenberg Publishers
ISBN: 9051709218
Category :
Languages : en
Pages : 198
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Book Description
Author: Markus Ludwig
Publisher:
ISBN:
Category :
Languages : en
Pages : 129
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Book Description
Author: Econometric Society. World Congress
Publisher: Cambridge University Press
ISBN: 9780521589826
Category : Business & Economics
Languages : en
Pages : 362
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Book Description
These books comprise papers examining the latest developments in economic theory, applied economics and econometrics presented at the Seventh World Congress of the Econometric Society in Tokyo in August 1995. The topics were carefully selected to represent the most active fields in the discipline over the past five years. Written by the leading authorities in their fields, eac h paper provides a unique survey of the current state of knowledge in economics. Designed to make the material accessible to a general audience of economists, these volumes should be helpul to anyone with a good undergraduate training in economics who wishes to follow new ideas and tendencies in the subject.
Author: Torsten Persson
Publisher: MIT Press
ISBN: 9780262661928
Category : Business & Economics
Languages : en
Pages : 324
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Book Description
The authors of The Economic Effects of Constitutions use econometric tools to study what they call the "missing link" between constitutional systems and economic policy; the book is an uncompromisingly empirical sequel to their previous theoretical analysis of economic policy. Taking recent theoretical work as a point of departure, they ask which theoretical findings are supported and which are contradicted by the facts. The results are based on comparisons of political institutions across countries or time, in a large sample of contemporary democracies. They find that presidential/parliamentary and majoritarian/proportional dichotomies influence several economic variables: presidential regimes induce smaller public sectors, and proportional elections lead to greater and less targeted government spending and larger budget deficits. Moreover, the details of the electoral system (such as district magnitude and ballot structure) influence corruption and structural policies toward economic growth.Persson and Tabellini's goal is to draw conclusions about the causal effects of constitutions on policy outcomes. But since constitutions are not randomly assigned to countries, how the constitutional system was selected in the first place must be taken into account. This raises challenging methodological problems, which are addressed in the book. The study is therefore important not only in its findings but also in establishing a methodology for empirical analysis in the field of comparative politics.
Author: Badi H. Baltagi
Publisher: Emerald Group Publishing
ISBN: 1781903085
Category : Business & Economics
Languages : en
Pages : 576
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Book Description
Aims to annually publish original scholarly econometrics papers on designated topics with the intention of expanding the use of developed and emerging econometric techniques by disseminating ideas on the theory and practice of econometrics throughout the empirical economic, business and social science literature.
Author: Robert J. Aumann
Publisher: MIT Press
ISBN: 9780262011549
Category : Business & Economics
Languages : en
Pages : 806
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Book Description
Robert Aumann's career in game theory has spanned over research - from his doctoral dissertation in 1956 to papers as recent as January 1995. Threaded through all of Aumann's work (symbolized in his thesis on knots) is the study of relationships between different ideas, between different phenomena, and between ideas and phenomena. When you look closely at one scientific idea, writes Aumann, you find it hitched to all others. It is these hitches that I have tried to study.
Author: Orley Ashenfelter
Publisher: Elsevier
ISBN: 0444534539
Category : Business & Economics
Languages : en
Pages : 1140
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Book Description
What factors affect the ways individuals participate in labor markets?New Developments and Research on Labor Markets (volume 4B) proposes answers to this and other questions on important topics of public policy. Leading labor economists demonstrate how better data and advanced experiments help them apply economic theory, yielding sharper analyses and conclusions. The combinations of these improved empirical findings with new models enable the authors of these chapters to reveal how labor economists are developing new and innovative ways to measure key parameters and test important hypotheses. - Concentrates on empirical research in specific labor markets, including those defined by age, gender, and race - Reveals how questions and answers about these markets have changed and how models measure them - Documents how conceptual models and empirical work explain important practical issues
