Code
BOF/24J/2021/188
Duration
01 October 2021 → 30 September 2025
Funding
Regional and community funding: Special Research Fund
Promotor
Research disciplines
-
Natural sciences
- Operations research and mathematical programming
-
Social sciences
- Mathematical methods, programming models, mathematical and simulation modelling
- Welfare economics
Keywords
lottery
matching
welfare
optimization
Project description
Deciding how scarce resources should be assigned to people when monetary transfers are inappropriate is a common problem in our society (e.g. assigning students to schools, patients to organ donors, ...). In this proposal, we aim to improve existing allocation mechanisms by enforcing that the resulting lottery results in a higher (and guaranteed) welfare for society, however, while keeping as much as possible the beneficial properties (e.g. efficiency, fairness, ...) of the allocation mechanisms for the individuals involved.