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We consider a simple model of the competitive screening of students by schools and colleges. Students apply to schools which then perform costly screening procedures of the applicants to select those with high ability. Students who receive more than one offer may choose among those. Colleges...
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Abstract We study competitive screening for high-ability students first between schools and then between colleges. By observing applicants' schools, colleges use information generated by schools' screening. Students with competing offers accept the most preferred one, increasing the screening...
Persistent link: https://www.econbiz.de/10012933402