Quotas for special groups of students often apply in school or university admission procedures. This paper studies the … quota for top-grade students before allocating all other seats among remaining applicants. The second is a modified version … main result is that the current procedure, designed to give top-grade students an advantage, actually harms them, as …

A model is presented where universities competitively supply education to mobile students. Students are subject to a …-related debt relief, however, the equilibrium quality of education is inefficiently low. This is because students reduce their …

. As a main motivation for these reforms the policymakers cited strategic flaws of the rules: students had strong … incentives to game the system, which caused dramatic consequences for non-strategic students. However, almost none of the new … manipulate. Simultaneously, the admission to each school became strategy-proof to a larger set of students, making the schools …

outcomes, knowledge of the causal effect of the most fundamental input in the education production function - students' study …

. Costly mistakes transfer tuition waivers from high– to low-socioeconomic status students, and increase the number of students …

particular, the set of dynamically stable matchings forms a lattice with respect to students' preferences but not with respect to …

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 …