Distributional Preferences for Market Design

Fuente: arXiv
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Autori principali: Echenique, Federico, Mekonnen, Teddy, Yenmez, M. Bumin
Natura: Preprint
Pubblicazione: 2026
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author Echenique, Federico
Mekonnen, Teddy
Yenmez, M. Bumin
author_facet Echenique, Federico
Mekonnen, Teddy
Yenmez, M. Bumin
contents We develop a general framework for incorporating distributional preferences in market design. We identify the structural properties of these preferences that guarantee the path independence of choice rules. In decentralized settings, a greedy rule uniquely maximizes these preferences; in centralized markets, the associated deferred-acceptance mechanism uniquely implements them. This framework subsumes canonical models, such as reserves and matroids, while accommodating complex objectives involving intersectional identities that lie beyond the scope of existing approaches. Our analysis provides unified axiomatic foundations and comparative statics for a broad class of distributional policies.
format Preprint
id arxiv_https___arxiv_org_abs_2602_08035
institution arXiv
publishDate 2026
record_format arxiv
spellingShingle Distributional Preferences for Market Design
Echenique, Federico
Mekonnen, Teddy
Yenmez, M. Bumin
Theoretical Economics
We develop a general framework for incorporating distributional preferences in market design. We identify the structural properties of these preferences that guarantee the path independence of choice rules. In decentralized settings, a greedy rule uniquely maximizes these preferences; in centralized markets, the associated deferred-acceptance mechanism uniquely implements them. This framework subsumes canonical models, such as reserves and matroids, while accommodating complex objectives involving intersectional identities that lie beyond the scope of existing approaches. Our analysis provides unified axiomatic foundations and comparative statics for a broad class of distributional policies.
title Distributional Preferences for Market Design
topic Theoretical Economics
url https://arxiv.org/abs/2602.08035