Three well‐known matching mechanisms designed to solve the college admissions problems are analyzed in the experimental laboratory in different informational settings. We observe that when the level of information is significantly increased, the proportion of schools and teachers that submit...

We analyze two well-known matching mechanisms - the Gale-Shapley, and the Top Trading Cycles (TTC) mechanisms - in the experimental lab in three different informational settings, and study the role of information in individual decision making. Our results suggest that - in line with the theory -...

In an economy where different agents undertake simultaneous and interdependent investments, this paper models the possibility that the outcome where some players invest and others do not invest is sustained in Nash equilibrium. It is well known that in models where all goods are financed through...