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A Pigouvian Approach to Congestion in Matching Markets
He, Yinghua; Magnac, Thierry - 2018
programs; however, they may harm match quality. In a multiple-elicitation experiment conducted in a real-life matching market …Recruiting agents, or "programs" costly screen “applicants” in matching processes, and congestion in a market increases …
Persistent link: https://www.econbiz.de/10011984527
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Telling the Truth May Not Pay Off: An Empirical Study of Centralised University Admissions in Germany
Braun, Sebastian; Kübler, Dorothea; Dwenger, Nadja - Institute for the Study of Labor (IZA) - 2007
We investigate the matching algorithm used by the German central clearinghouse for university admissions (ZVS) in … criteria applied for admission they all make use of priority matching. In priority matching schemes, it is not a dominant … strategy for students to submit their true preferences. Thus, strategic behaviour is expected. Using the full data set of …
Persistent link: https://www.econbiz.de/10005822191
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Competing with asking prices
Lester, Benjamin; Visschers, Ludo; Wolthoff, Ronald - 2013
In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...
Persistent link: https://www.econbiz.de/10010291458
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College Choice Allocation Mechanisms: Structural Estimates and Counterfactuals
Carvalho, José-Raimundo; Magnac, Thierry; Xiong, Qizhou - 2014
We evaluate a simple allocation mechanism of students to majors at college entry that was commonly used in universities … in Brazil in the 1990s and 2000s. Students first chose a single major and then took exams that select them in or out of … and is not strategy-proof. This means that some pairs of major & students can be made better off and that students tend to …
Persistent link: https://www.econbiz.de/10010435247
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Heterogeneous Effects of Missing out on a Place at a Preferred Secondary School in England
Gorman, Emma; Walker, Ian - 2020
Schools vary in quality, and high-performing schools tend to be oversubscribed: there are more applicants than places available. In this paper, we use nationally representative cohort data linked to administrative education records to study the consequences of failing to gain admission to...
Persistent link: https://www.econbiz.de/10012207848
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Research Design Meets Market Design: Using Centralized Assignment for Impact Evaluation
Abdulkadiroğlu, Atila; Angrist, Joshua; Narita, Yusuke; … - 2016
A growing number of school districts use centralized assignment mechanisms to allocate school seats in a manner that reflects student preferences and school priorities. Many of these assignment schemes use lotteries to ration seats when schools are oversubscribed. The resulting random assignment...
Persistent link: https://www.econbiz.de/10011653157
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Telling the Truth May Not Pay Off: An Empirical Studyof Centralised University Admissions in Germany
Braun, Sebastian; Dwenger, Nadja; Kübler, Dorothea - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
We investigate the matching algorithm used by the German central clearinghouse foruniversity admissions (ZVS) in … criteria applied for admission they all make use of prioritymatching. In priority matching schemes, it is not a dominant … strategy for students to submittheir true preferences... …
Persistent link: https://www.econbiz.de/10005860493
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Education, Redistributive Taxation and Confidence
Konrad, Kai A.; Spadaro, Amedeo - 2005
We consider redistributional taxation between people with and without human capital if education is endogenous and if individuals differ in their perceptions about own ability. Those who see their ability as low like redistributive taxation because of the transfers it generates. Those who see...
Persistent link: https://www.econbiz.de/10010262201
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School Choice Design, Risk Aversion, and Cardinal Segregation
Calsamiglia, Caterina; Martínez-Mora, Francisco; … - 2020
We embed the problem of public school choice design in a model of local provision of education. We define cardinal (student) segregation as that emerging when families with identical ordinal preferences submit different rankings of schools in a centralised school choice procedure. With the...
Persistent link: https://www.econbiz.de/10012270142
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Education, Redistributive Taxation and Confidence
Konrad, Kai A.; Spadaro, Amedeo - Institute for the Study of Labor (IZA) - 2005
We consider redistributional taxation between people with and without human capital if education is endogenous and if individuals differ in their perceptions about own ability. Those who see their ability as low like redistributive taxation because of the transfers it generates. Those who see...
Persistent link: https://www.econbiz.de/10005703125