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We present direct field evidence of preference misrepresentation under deferred acceptance. A large fraction of highly educated participants, who had been informed about the strategy-proof nature of the mechanism in numerous ways, failed to play truthfully: they ranked a non-funded position...
Persistent link: https://www.econbiz.de/10012936095
Although many centralized school assignment systems use strategically simple mechanisms, applicants often make dominated choices. Using administrative data from Hungary, we show that many college applicants forgo the free opportunity to receive a tuition waiver. Using two empirical strategies,...
Persistent link: https://www.econbiz.de/10012901645
Since no stable matching mechanism can induce truth-telling as a dominant strategy for all participants, there is often room in matching markets for strategic misrepresentation (Roth). In this paper we study a natural form of strategic misrepresentation: reporting a truncation of one's true...
Persistent link: https://www.econbiz.de/10013081039
We present results from experiments containing incentivized school-choice scenarios. In these scenarios, we vary whether schools’ assessments of students are based on a common priority (inducing correlation in admissions decisions) or are based on independent assessments (eliminating...
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We prove that the unilateral substitutability property introduced in Hatfield and Kojima (2010) implies the substitutable completability property from Hatfield and Kominers (2014). This paper provides a novel linkage between these two sufficient conditions for the existence of a stable matching...
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This paper axiomatizes the robust control criterion of multiplier preferences introduced by Hansen and Sargent (2001). The axiomatization relates multiplier preferences to other classes of preferences studied in decision theory, in particular, the variational preferences recently introduced by...
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