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In this paper, I investigate matching problems where priorities and preferences are misaligned. In the case of centralized college admissions, students are matched based on their test scores in standardized tests (priorities), a noisy realization of their aptitudes (colleges' preferences) due to...
Persistent link: https://www.econbiz.de/10013252116
Each year, millions of high school graduates in China take a standardized test and compete for college seats. Unlike other countries, college admissions in China have a distinct feature: both test scores and colleges’ preferences coexist in the market. To alleviate the misalignment problem...
Persistent link: https://www.econbiz.de/10013213809
Roth and Vande Vate (1991) studied the marriage problem and introduced the notion of truncation strategies and showed in an example that the unstable matchings can arise at Nash equilibria in truncations. This paper studies the college admissions problem and shows that all rematching proof or...
Persistent link: https://www.econbiz.de/10011577122
The matching literature commonly rules out that market design itself shapes agent preferences. Underlying this premise is the assumption that agents know their own preferences at the outset and that preferences do not change throughout the matching process. Under this assumption, a centralized...
Persistent link: https://www.econbiz.de/10012014369
The matching literature commonly rules out that market design itself shapes agent preferences. Underlying this premise is the assumption that agents know their own preferences at the outset and that preferences do not change throughout the matching process. Under this assumption, a centralized...
Persistent link: https://www.econbiz.de/10012033869
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....
Persistent link: https://www.econbiz.de/10012166000
I study a college-admissions model with two need-blind colleges and heterogeneous students. In a game in which colleges can choose a financial aid policy and either binding, nonbinding, or no early admissions, a unique equilibrium outcome exists. In equilibrium—and consistent with data—the...
Persistent link: https://www.econbiz.de/10012847810
A central authority designs and implements the college admissions process in Turkey. All applicants are required to take an SAT-like test and submit their preferences over the departments. Then, the central authority places the applicants in departments. This procedure generates a fair placement...
Persistent link: https://www.econbiz.de/10014199959
Using the assignment of students to schools as our leading example, we study many-to-one two-sided matching markets without transfers. Students are endowed with cardinal preferences and schools with ordinal ones, while preferences of both sides need not be strict. Using the idea of a competitive...
Persistent link: https://www.econbiz.de/10010851345
The different ways to rank universities regarding their research production include a great number of factors. The quality of journals where faculty members are publishing is one of the most relevant aspects in order to determine the quality of the affiliation institution. Among other more...
Persistent link: https://www.econbiz.de/10005789456