Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 4, 2016 erstellt
Description:
Echenique and Yenmez [AER 2015, 105(8): 2679-94] study choice rules for a school that express preferences for a diverse student body. Their Theorem 2 characterizes choice rules that are "generated by reserves for the priority". We show that the "only if part" is not correct. We exhibit a choice rule that is generated by reserves for the priority but violates one of their axioms. A similar issue arises in Theorem D.2., where a priority is allowed to be endogenous. We reformulate the axioms and repair the results