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The matching literature commonly rules out that market design itself shapes agent preferences. Underlying this premise … matching process. Under this assumption, a centralized matching market can often outperform a decentralized one. Using a quasi … students to learn about universities and accepting a university that turns out to be inferior causes regret. We discuss and …
Persistent link: https://www.econbiz.de/10012014369
The matching literature commonly rules out that market design itself shapes agent preferences. Underlying this premise … matching process. Under this assumption, a centralized matching market can often outperform a decentralized one. Using a quasi … students to learn about universities and accepting a university that turns out to be inferior causes regret. We discuss and …
Persistent link: https://www.econbiz.de/10012033869
We study a college admissions problem in which colleges accept students by ranking students’ efforts in entrance exams …. Students’ ability levels affect the cost of their efforts. We solve and compare the equilibria of “centralized college … admissions” (CCA) where students apply to all colleges and “decentralized college admissions” (DCA) where students only apply to …
Persistent link: https://www.econbiz.de/10011437881
We study a college admissions problem in which colleges accept students by ranking students' efforts in entrance exams …. Students' ability levels affect the cost of their efforts. We solve and compare equilibria of "centralized college admissions …" (CCA) where students apply to all colleges and "decentralized college admissions" (DCA) where students only apply to one …
Persistent link: https://www.econbiz.de/10012138431
We theoretically and experimentally study a college admissions problem in which colleges accept students by ranking … students' efforts in entrance exams. Students hold private information regarding their ability level that affects the cost of …, we solve and compare the equilibria of "centralized college admissions" (CCA) in which students apply to all colleges …
Persistent link: https://www.econbiz.de/10010413636
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Persistent link: https://www.econbiz.de/10011980944
students often fail to grasp the strategic issues involved. The modified SDA algorithm significantly improves the matching for …Quotas for special groups of students often apply in school or university admission procedures. This paper studies the … quota for top-grade students before allocating all other seats among remaining applicants. The second is a modified version …
Persistent link: https://www.econbiz.de/10009671326