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Students participating in centralized admissions procedures do not typically have access to the information used to determine their matched school, such as other students' preferences or school priorities. This can lead to doubts about whether their matched schools were computed correctly (the...
Persistent link: https://www.econbiz.de/10014477372
stability advantage of the DA over the Boston mechanism. We then further increase the market size to 4,000 by introducing robots …
Persistent link: https://www.econbiz.de/10012965627
Evidence suggests that participants in direct student-proposing deferred-acceptance mechanisms (DA) play dominated strategies. To explain the data, we introduce expectation-based loss aversion into a school-choice setting and characterize choice-acclimating personal equilibria in DA. We find...
Persistent link: https://www.econbiz.de/10012698801
preferences exist, significantly decrease stability in matching markets, and are driven both by belief-based and preference …Matching markets can be unstable when individuals prefer to be matched to a partner who also wants to be matched with … them. Through a pre-registered and theory-guided laboratory experiment, we provide evidence that such reciprocal …
Persistent link: https://www.econbiz.de/10014476792
acceptance mechanism can achieve stability. These results provide insights into non-standard preferences in matching markets, and … paper, we introduce and formalize reciprocal preferences, apply them to matching markets, and analyze the implications for …
Persistent link: https://www.econbiz.de/10014478421
We analyze two well-known matching mechanisms - the Gale-Shapley, and the Top Trading Cycles (TTC) mechanisms - in the … results suggest that - in line with the theory - in the college admissions model the Gale-Shapley mechanism outperforms the … TTC mechanisms in terms of efficiency and stability, and it is as successful as the TTC mechanism regarding the proportion …
Persistent link: https://www.econbiz.de/10014220116
learned and promote truth-telling behavior. In this experiment, subjects repeatedly play the matching game induced by the … in matching market …
Persistent link: https://www.econbiz.de/10013019285
We analyze two well-known matching mechanisms—the Gale-Shapley, and the Top Trading Cycles (TTC) mechanisms—in the … results suggest that—in line with the theory—in the college admissions model the Gale-Shapley mechanism outperforms the TTC … mechanisms in terms of efficiency and stability, and it is as successful as the TTC mechanism regarding the proportion of …
Persistent link: https://www.econbiz.de/10003644959
the Gale-Shapley Deferred Acceptance (DA) mechanism versus the Iterative Deferred Acceptance Mechanism (IDAM), a matching … robustness of stability between the rounds of experiments. Our findings provide substantial support for the rising practice of …
Persistent link: https://www.econbiz.de/10011574107
Extensive evidence suggests that participants in the direct student-proposing deferred-acceptance mechanism (DSPDA) play dominated strategies. In particular, students with low priority tend to misrepresent their preferences for popular schools. To explain the observed data, we introduce...
Persistent link: https://www.econbiz.de/10012138798