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Ciclo seminarios CEA – MIPP


13:00 horas, Sala Consejo, Ingeniería Industrial, Torre Oriente (Beauchef 851, 4to piso, Santiago)

El Centro de Economía Aplicada (CEA) y el Instituto Milenio para la Investigación en Imperfecciones de Mercado y Políticas Públicas (MIPP) de la Universidad de Chile invitan a su ciclo de seminarios programados para el segundo semestre del año.

Invitado: Federico Echenique, Division of the Humanities and Social Sciences. California Institute of Technology

Título de la conferencia: “Fair and efficient assignments with fractional endowments”


In designing school choice mechanisms, a common objective is to ensure that different sections of society have a chance of attending certain schools. For example that students from disadvantaged neighborhoods have a chance of attending elite schools. We propose fractional endowments as a way of ensuring this objective: explicitly endow agents with the desired chances.

The resulting model raises a series of challenges. What is the relevant notion of (constrained) fairness, or (justified) envy? The standard notion of justified envy has no obvious counterpart in the model with endowments. Is there a tension between fairness and efficiency? In our paper we tackle these challenges, providing new notions of fairness, and showing that these notions are largely compatible with efficiency.

Más información

Confirmaciones: Olga Barrera / obarrera@dii.uchile.cl