Seminar Undergraduate Course Allocation through Competitive Markets Microeconomics seminar Add to calendar 2024-10-08 14:00 2024-10-08 15:15 Europe/Rome Undergraduate Course Allocation through Competitive Markets Seminar Room 3rd Floor Villa La Fonte YYYY-MM-DD Print Share: Share on Facebook Share on BlueSky Share on X Share on LinkedIn Send by email Scheduled dates Oct 08 2024 14:00 - 15:15 CEST Seminar Room 3rd Floor, Villa La Fonte Organised by Department of Economics In this seminar, Alexey Kushnir (Carnegie Mellon University) will present the paper 'Undergraduate Course Allocation through Competitive Markets.' We consider the problem of allocating courses to students in post-secondary institutions. We propose a mechanism that assigns course seats based on student preferences and respects course priorities. This mechanism uses fake money and competitive equilibrium to allocate courses without transfers and has desirable theoretical properties in terms of stability, efficiency, fairness, and strategy-proofness. In simulations drawing from real-world university data, we demonstrate that its outcomes improve student satisfaction and allocation fairness over the outcomes of several celebrated mechanisms.