? ii) To what extent do schools contribute to their students' academic success? To answer these questions, we model … students' preferences and derive demand for each school by taking each student's feasible set of schools into account. We …We find that students infer the quality of a school from its selectivity and past performance on the university …

rankings, and investigate how such policies can improve students' welfare in a Pareto sense. Pooling affects the equilibrium … allocation of studentso colleges, which hurts some students and benefits others, but also affects the effort students exert. We … admissions in Turkey. We find that a policy that pools a large fraction of the lowest performing students leads to a Pareto …