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to be more mixed and modest than expected. We suggest that this in fact should not be surprising, since economic theory …
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This paper develops a price-theoretic framework for matching markets with heterogeneous preferences. The model departs …
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Dozens of school districts and college admissions systems around the world have reformed their admissions rules in recent years. As the main motivation for these reforms, the policymakers cited the strategic flaws of the rules in place: students had incentives to game the system. However, after...
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