Design on Matroids
Research Seminars: Virtual Market Design SeminarDiversity vs. Meritocracy
The paper presented in this Virtual Market Design Seminar provides optimal solutions to an institution that has dual goals of diversity and meritocracy when choosing from a set of applications. For example, in college admissions, administrators may want to admit a diverse class in addition to choosing students with the highest qualifications. The authors provide a class of choice rules that maximize merit subject to attaining a diversity level. Using this class, the presented paper finds all subsets of applications on the diversity-merit Pareto frontier. In addition, the authors provide two novel characterizations of matroids.