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This paper experimentally studies an essential institutional feature of matching markets: Randomization of allocation … priorities. I compare single and multiple randomization in the student assignment problem with ties. The Gale-Shapley deferred … result is that a significant fraction of individuals prefers multiple to single randomization, although both are equivalent …
Persistent link: https://www.econbiz.de/10011478678
Persistent link: https://www.econbiz.de/10011900999
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
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
Unsophisticated applicants can be at a disadvantage under manipulable and hence strategically demanding school choice mechanisms. Disclosing information on applications in previous admission periods makes it easier to asses the chances of being admitted at a particular school, and hence may...
Persistent link: https://www.econbiz.de/10011544967
We take school admission mechanisms to the lab to test whether the widely-used manipulable Boston-mechanism disadvantages students of lower cognitive ability and whether this leads to ability segregation across schools. Results show this is the case: lower ability participants receive lower...
Persistent link: https://www.econbiz.de/10011544973
Unsophisticated applicants can be at a disadvantage under manipulable and hence strategically demanding school choice mechanisms. Disclosing information on applications in previous admission periods makes it easier to assess the chances of being admitted at a particular school, and hence may...
Persistent link: https://www.econbiz.de/10011477310
aid applicants within IA, rather than to abandon it. In a laboratory experiment, we first document a substantial gap in …
Persistent link: https://www.econbiz.de/10013191426
aid applicants within IA, rather than to abandon it. In a laboratory experiment, we first document a substantial gap in …
Persistent link: https://www.econbiz.de/10012697476
equilibrium for the immediate acceptance mechanism. This finds support in the experiment. Moreover, the lottery quota leads to …
Persistent link: https://www.econbiz.de/10011918363