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students often fail to grasp the strategic issues involved. The modified SDA algorithm significantly improves the matching for …
Persistent link: https://www.econbiz.de/10010307931
students often fail to grasp the strategic issues involved. The modified SDA algorithm significantly improves the matching for …
Persistent link: https://www.econbiz.de/10010281521
Starting with an initial price vector, prices are adjusted in order to eliminate the demand excess and at the same time to keep the transfers to the sellers as low as possible. In each step of the auction, to which sellers should those transfers be made (minimal overdemanded sets) is the key...
Persistent link: https://www.econbiz.de/10010284074
students often fail to grasp the strategic issues involved. The modified SDA algorithm significantly improves the matching for …
Persistent link: https://www.econbiz.de/10010286341
Persistent link: https://www.econbiz.de/10011875989
We investigate the possibility that a decision-maker prefers to avoid making a decision and instead delegates it to an external device, e.g., a coin flip. In a series of experiments our participants often choose a stochastically dominated lottery between outcomes, contradicting most theories of...
Persistent link: https://www.econbiz.de/10010350796
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 … applicants, we are able to detect some amount of strategic behaviour which can lead to inefficient matching. Alternative ways to …
Persistent link: https://www.econbiz.de/10005822191
We study the effect of different school choice mechanisms on schools' incentives for quality improvement. To do so, we introduce the following criterion: A mechanism respects improvements of school quality if each school becomes weakly better off whenever that school becomes more preferred by...
Persistent link: https://www.econbiz.de/10009353445
concept of stability of the matching models, viewed as a cooperative equilibrium concept, be translated to any game in the …
Persistent link: https://www.econbiz.de/10010686036
We investigate the possibility that a decision-maker prefers to avoid making a decision and instead delegates it to an external device, e.g., a coin flip. In a series of experiments the participants often choose lotteries between allocations, which contradicts most theories of choice such as...
Persistent link: https://www.econbiz.de/10010757728