Hafalir, Isa E.; Hakimov, Rustamdjan; Kübler, Dorothea; … - 2016
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 …