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Colorado College uses an economic system to allocate scarce course seats: annually during a sealed-bid auction, each …-specific effects attributable to popular majors or charismatic instructors, we find strong evidence that students bid more strongly for …
Persistent link: https://www.econbiz.de/10013082677
This paper analyzes whether the perception of traditional wine brings value to millennials. Based on survey data and experimental auctions (165 participants), this study identifies the main factors affecting this consumer groups’ willingness to pay for traditional wine through a Tobit model...
Persistent link: https://www.econbiz.de/10012608921
field experiment designed to mimic important aspects of competitive investment prior to the college market. We pay students … for the majority of disadvantaged students targeted by the policy, by mitigating so-called "discouragement effects." The …
Persistent link: https://www.econbiz.de/10011333063
We study a college admissions problem in which colleges accept students by ranking students’ efforts in entrance exams …. Students’ ability levels affect the cost of their efforts. We solve and compare the equilibria of “centralized college … admissions” (CCA) where students apply to all colleges and “decentralized college admissions” (DCA) where students only apply to …
Persistent link: https://www.econbiz.de/10011437881
We theoretically and experimentally study a college admissions problem in which colleges accept students by ranking … students' efforts in entrance exams. Students hold private information regarding their ability level that affects the cost of …, we solve and compare the equilibria of "centralized college admissions" (CCA) in which students apply to all colleges …
Persistent link: https://www.econbiz.de/10010413636
We develop a model of college assignment as a large contest wherein students with heterogeneous abilities compete for … approximate the outcomes of a game with large, but finite, sets of colleges and students. By incorporating two common families of …
Persistent link: https://www.econbiz.de/10012977685
We develop a model in which many heterogeneous agents invest in human capital as they compete for better college admission slots or employment opportunities. The model provides theoretical predictions about how affirmative action or preferential treatment policies change the distribution of...
Persistent link: https://www.econbiz.de/10012243098
Persistent link: https://www.econbiz.de/10011980944
We study a college admissions problem in which colleges accept students by ranking students' efforts in entrance exams …. Students' ability levels affect the cost of their efforts. We solve and compare equilibria of "centralized college admissions …" (CCA) where students apply to all colleges and "decentralized college admissions" (DCA) where students only apply to one …
Persistent link: https://www.econbiz.de/10012138431
Persistent link: https://www.econbiz.de/10013332810