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We characterize a parametric family of application-rejection school choice mechanisms, including the Boston and Deferred Acceptance mechanisms as special cases, and spanning the parallel mechanisms for Chinese college admissions, the largest centralized matching in the world. Moving from one...
Persistent link: https://www.econbiz.de/10010955343
We test the effect of the amount of information on the strategies played by others in the theoretically strategy-proof Top Trading Cycles (TTC) mechanism. We find that providing limited information on the strategies played by others has a negative and significant effect in truth-telling rates...
Persistent link: https://www.econbiz.de/10010955345
A particular adaptation of Gale's top trading cycles procedure to school choice, the so-called TTC mechanism, has attracted much attention both in theory and practice due to its superior efficiency and incentive features. We discuss and introduce alternative adaptations of Gale's original...
Persistent link: https://www.econbiz.de/10011082718