Showing 1 - 10 of 809
This paper reviews the literature concerning the evolution ofcultural traits in general and preferences in particular … share of thepopulation who hold a certain trait increases or decreases. Evo-lution in the strict sense of new traits making … of traits drawn atrandom from those represented in the previous generation. Pref-erences may be altruistic or non …
Persistent link: https://www.econbiz.de/10012590771
. We also study the bargaining process and categorize the reasons why participants end up unmatched. Finally and most … Rubinstein(1982) bargaining model, providing the cooperative game with a noncooperative foundation …
Persistent link: https://www.econbiz.de/10012834566
Taking as a starting point the theory of matching applied in the case of a problem of college admissions, where one is interested only to strict preference profiles for students and colleges, a part of the literature has been oriented towards profiles of priorities for colleges. In this paper we...
Persistent link: https://www.econbiz.de/10009393785
Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers. However this presents a puzzle, since unraveling can only occur when firms are willing to make early...
Persistent link: https://www.econbiz.de/10014207804
The theory of money typically ignores the fact that the mode of market interaction arises endogenously, and simply assumes a decentralized, bilateral exchange process. However, endogenizing the organization of trade is critical for understanding the conditions that lend themselves to the...
Persistent link: https://www.econbiz.de/10011518683
Quotas for special groups of students often apply in school or university admission procedures. This paper studies the performance of two mechanisms to implement such quotas in a lab experiment. The first mechanism is a simplified version of the mechanism currently employed by the German central...
Persistent link: https://www.econbiz.de/10010307931
We run laboratory experiments where subjects are matched to colleges, and colleges are not strategic agents. We test the Gale-Shapley Deferred Acceptance (DA) mechanism versus the Iterative Deferred Acceptance Mechanism (IDAM), a matching mechanism based on a new family of procedures being used...
Persistent link: https://www.econbiz.de/10011574203
We introduce a new mechanism for matching students to schools or universities, denoted Iterative Deferred Acceptance Mechanism (IDAM), inspired by procedures currently being used to match millions of students to public universities in Brazil and China. Unlike most options available in the...
Persistent link: https://www.econbiz.de/10011595151
Quotas for special groups of students often apply in school or university admission procedures. This paper studies the performance of two mechanisms to implement such quotas in a lab experiment. The first mechanism is a simplified version of the mechanism currently employed by the German central...
Persistent link: https://www.econbiz.de/10010281521
Quotas for special groups of students often apply in school or university admission procedures. This paper studies the performance of two mechanisms to implement such quotas in a lab experiment. The first mechanism is a simplified version of the mechanism currently employed by the German central...
Persistent link: https://www.econbiz.de/10010286341