Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10012042205
Since no stable matching mechanism can induce truth-telling as a dominant strategy for all participants, there is often room in matching markets for strategic misrepresentation (Roth). In this paper we study a natural form of strategic misrepresentation: reporting a truncation of one's true...
Persistent link: https://www.econbiz.de/10013081039
Persistent link: https://www.econbiz.de/10012121822
We study priority-based matching markets with public and private endowments. We show that efficiency-adjusted deferred acceptance (EADA) is justified-envy minimal in the class of efficient mechanisms, while Top trading cycles (TTC) and other popular mechanisms are not. Our findings highlight...
Persistent link: https://www.econbiz.de/10012846503
A growing body of evidence suggests that decision-makers fail to account for correlation in signals that they receive. We study the relevance of this mistake in students' interactions with school- choice matching mechanisms. In a lab experiment presenting simple and incentivized school-choice...
Persistent link: https://www.econbiz.de/10012848275
We present results from experiments containing incentivized school-choice scenarios. In these scenarios, we vary whether schools’ assessments of students are based on a common priority (inducing correlation in admissions decisions) or are based on independent assessments (eliminating...
Persistent link: https://www.econbiz.de/10013308204