Who gets what if money can't buy it? Increasing welfare in allocation problems

01 October 2021 → 30 September 2025
Regional and community funding: Special Research Fund
Research disciplines
  • Natural sciences
    • Operations research and mathematical programming
  • Social sciences
    • Mathematical methods, programming models, mathematical and simulation modelling
    • Welfare economics
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.