In this paper, I relax one of the common assumptions made in standard school choice problems by allowing students to … rank not just schools, but school-cohort sized pairs. The intuition for this extension is the observation that a school at … maximum capacity is not the same object, from a student’s perspective, as the same school that is only partially filled …

We estimate preferences for school tracks in upper secondary education in Hungary. We consider travel time, school SES … composition, school level (in terms of peer quality) and school quality (in terms of added value). We find that students have … stronger preferences for school SES composition and school level, rather than school quality (which may be harder to observe …