Showing 1 - 7 of 7
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 …
Persistent link: https://www.econbiz.de/10012033869
The use of lotteries is advocated to desegregate schools. We study lottery quotas embedded in the two most common school choice mechanisms, namely deferred and immediate acceptance mechanisms. Some seats are allocated based on merit (e.g., grades) and some based on lottery draws. We focus on the...
Persistent link: https://www.econbiz.de/10011905240
Every year during school and college admissions, students and their parents devote considerable time and effort to acquiring costly information about their own preferences. In a market where students are ranked by universities based on exam scores, we explore ways to reduce wasteful information...
Persistent link: https://www.econbiz.de/10012500709
the assortative matching. We compare the preferences of stakeholders who know their own role with agents behind the veil … vote for the assortative matching otherwise. This is in line with the model of Pathak and Sönmez (2008). Subjects behind … the mechanism are split in their vote for the Boston mechanism and the assortative matching. According to the spectators …
Persistent link: https://www.econbiz.de/10012139539
We document experimentally how biased self-assessments affect the outcome of matching markets. In the experiments, we …, or to wait for the assortative matching based on their actual relative performance. Early offers are accepted more often …
Persistent link: https://www.econbiz.de/10011591092
The paper surveys the experimental literature on matching markets. It covers house allocation, school choice, and two …-sided matching markets such as college admissions. The main focus of the survey is on truth-telling and strategic manipulations by … the agents, on the stability and efficiency of the matching outcome, as well as on the distribution of utility. …
Persistent link: https://www.econbiz.de/10012033568
We investigate fairness preferences in matching mechanisms using a spectator design. Participants choose between the …
Persistent link: https://www.econbiz.de/10014495059