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To address the issue of when minority and nonminority candidates compete for admissions to a college, we show that an … minority. Such a quot;handicappingquot; rule increases competition and induces candidates to invest more in educational … that the non-minority responds to the affirmative action admissions more aggressively, which tends to widen the racial test …
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increases competition and induces both groups to invest more in educational attainment. When the weaker group is in the minority …
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We develop a model in which many heterogeneous agents invest in human capital as they compete for better college admission slots or employment opportunities. The model provides theoretical predictions about how affirmative action or preferential treatment policies change the distribution of...
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We develop a model of strategic grade determination by universities distinguished by their distributions of student academic abilities. Universities choose grading standards to maximize total wages of graduates. Job placement and wages hinge on a firm's productivity assessment given a student's...
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