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2013. Costly mistakes have externalities: they transfer tuition waivers from high- to low-socioeconomic status students …, and increase the number of students attending college. To shed light on the mechanisms underlying mistakes, we exploit a …
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students who are pressed for time. From an individual standpoint, these students dislike cleaning. However, they also prefer a … spent by all the n students cleaning less a threshold d times the hours spent cleaning by himself. In this setting, we first …
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students who are pressed for time. From an individual standpoint, these students dislike cleaning. However, they also prefer a … hours spent by all the n students cleaning less a number d times the hours spent cleaning by himself. In this setting, we …
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We analyze a college admissions game with asymmetric information between students and colleges. Students' preferences … for colleges depend on the observable quality of the schools. In contrast, colleges' preferences for students depend on … the latter's abilities, which are private information. Students and schools are matched via a decentralized mechanism in …
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