Dwenger, Nadja; Kübler, Dorothea; Weizsäcker, Georg - In: Journal of Public Economics 167 (2018), pp. 240-250
We empirically investigate the possibility that a decision maker prefers to avoid making a decision and instead delegates it to an external device, e.g., a coin flip. A large data set from the centralized clearinghouse for university admissions in Germany shows a choice pattern of applicants...