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The Illusion of School Choice: Empirical Evidence from Barcelona
Calsamiglia, Caterina; Güell, Maia - C.E.P.R. Discussion Papers - 2014
School choice aims to improve (1) the matching between children and schools and (2) students’ educational outcomes. Yet … priorities: (1) the gains in terms of matching seem limited, because the equilibrium allocation is not very different from a …
Persistent link: https://www.econbiz.de/10011084223
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School Choice and Quality
Checchi, Daniele; Jappelli, Tullio - C.E.P.R. Discussion Papers - 2004
The 1993 Survey of Household Income and Wealth, a large cross-section of the Italian population covering 24,000 individuals, reports detailed information on children’s attendance of public and private schools and parents’ assessments of the quality of public schools in the city of residence....
Persistent link: https://www.econbiz.de/10005789006
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Prudence in Bargaining: The Effect of Uncertainty on Bargaining Outcomes
White, Lucy - C.E.P.R. Discussion Papers - 2006
We investigate the outcome of bargaining when a player’s pay-off from agreement is risky. We find that a risk-averse player typically increases his equilibrium receipts when his pay-off is made risky. This is because the presence of risk makes individuals behave 'more patiently' in bargaining....
Persistent link: https://www.econbiz.de/10005666445
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Investing in schooling in Chile: The role of information about financial aid for higher education
Dinkelman, Taryn; Martínez A, Claudia - C.E.P.R. Discussion Papers - 2011
Recent research demonstrates that imperfect information about returns to education distorts schooling investments. Questions remain about what information is missing in different settings and for whom such information is most critical. We conducted a field experiment to investigate whether Grade...
Persistent link: https://www.econbiz.de/10009003691
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Intermediation in Innovation
Hoppe, Heidrun C.; Ozdenoren, Emre - C.E.P.R. Discussion Papers - 2005
The paper offers a new theoretical framework to examine the role of intermediaries between creators and users of new inventions. We find that uncertainty about the profitability of investing in new inventions generates a basis for intermediation. An intermediary may provide an opportunity to...
Persistent link: https://www.econbiz.de/10005498006
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College Diversity and Investment Incentives
Gall, Thomas; Legros, Patrick; Newman, Andrew - C.E.P.R. Discussion Papers - 2015
This paper studies the aggregate economic effects of diversity policies such as affirmative action in college admission. If agents are constrained in the side payments they can make, the free market allocation displays excessive segregation relative to the first-best. Affirmative action policies...
Persistent link: https://www.econbiz.de/10011145471
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Multi-Trait Matching and Intergenerational Mobility: A Cinderella Story
Chen, Natalie; Conconi, Paola; Perroni, Carlo - C.E.P.R. Discussion Papers - 2011
finding, we describe a model of multi-trait matching and inheritance, in which individuals’ attractiveness in the marriage …
Persistent link: https://www.econbiz.de/10009320404
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Tiered Housing Allocation: an Experimental Analysis
Carrillo, Juan D; Singhal, Saurabh - C.E.P.R. Discussion Papers - 2011
We study in the laboratory, a variant of the house allocation with existing tenants problem where agents are partitioned into tiers with different privileges. Members of higher tiers receive their allocation before those in lower tiers and can also take the endowment of a member of a lower tier...
Persistent link: https://www.econbiz.de/10008854498
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Coarse Matching and Price Discrimination
Hoppe, Heidrun C.; Moldovanu, Benny; Ozdenoren, Emre - C.E.P.R. Discussion Papers - 2007
of a coarse matching scheme consisting of two classes of agents on each side, in terms of matching surplus (output), the …, our philosophy is that, if the worst-case scenario under coarse matching is not too bad relative to what is achievable by … more complex, finer schemes, a coarse matching scheme will turn out to be preferable once the various transaction costs …
Persistent link: https://www.econbiz.de/10005792482
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Matching with Trade-offs: Revealed Preferences over Competing Characteristics
Galichon, Alfred; Salanié, Bernard - C.E.P.R. Discussion Papers - 2010
characteristics that the analyst does not observe. The social optimum must therefore trade off matching on incomes and matching on … set of feasible matchings and of the socially optimal matching. Then we show how data on the covariation of the types of …
Persistent link: https://www.econbiz.de/10008530351