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This paper analyzes grading competition between instructors of elective courses when students shop for high course scores, the instructors maximize class size, and the school imposes a ceiling on mean course scores to limit grade inflation. Under this grading norm, we demonstrate that curriculum...
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abilities (e.g., their exam scores). The matching outcome thus may be imperfect in terms of ex-ante fairness, which suggests … matching students with higher ability to better colleges. To achieve ex-ante fairness, we consider constraining student choice … unfair matching is also increased, resulting in a riskier matching outcome. Learning the game or providing students with …
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We introduce experimental persuasion between Sender and Receiver. Sender chooses an experiment to perform from a … feasible set of experiments. Receiver observes the realization of this experiment and chooses an action. We characterize … the experiment. Our model includes Bayesian persuasion as the special case in which every experiment is feasible; however …
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students' efforts in entrance exams. Students hold private information regarding their ability level that affects the cost of …
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of the theory are supported by a lab experiment designed to test the theory, yet we find a number of differences that …
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theory are supported by a lab experiment designed to test the theory, yet we find a number of differences that render DCA …
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