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In this paper, we study the Ph.D academic job market. Based on the Gale and Shapley algorithm, we analyse whether a social planner can improve market efficiency by truncation, i.e., exogenously imposing a limit on the number of possible applications. Using simulations, we derive the optimal...
Persistent link: https://www.econbiz.de/10010748023
Persistent link: https://www.econbiz.de/10011704742
In this paper, we study the Ph.D academic job market. Based on the Gale and Shapley algorithm, we analyse whether a social planner can improve market efficiency by truncation, i.e., exogenously imposing a limit on the number of possible applications. Using simulations, we derive the optimal...
Persistent link: https://www.econbiz.de/10014148840