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We run a field experiment to test the truth-telling rates of the theoretically strategy-proof Top Trading Cycles mechanism (TTC) under different information conditions. First, we asked first-year economics students enrolled in an introductory microeconomics unit about which topic, among three,...
Persistent link: https://www.econbiz.de/10011389373
The last few years have seen an increasing use of sequential online mechanisms, instead of the traditional direct counterparts, in college admissions in countries such as Germany, Brazil, and China. We describe those, and identify shortcomings they have in terms of incentives and outcome...
Persistent link: https://www.econbiz.de/10012902568
We run laboratory experiments where subjects are matched to colleges, and colleges are not strategic agents. We test the Gale-Shapley Deferred Acceptance (DA) mechanism versus the Iterative Deferred Acceptance Mechanism (IDAM), a matching mechanism in which students make applications one at a...
Persistent link: https://www.econbiz.de/10012935327
Previous studies of charitable giving have focused on middle or higher income earners in Western countries, neglecting the poor. Despite this focus, the lowest income groups are often shown to contribute substantial shares of their income to charitable causes. In a large-scale natural field...
Persistent link: https://www.econbiz.de/10012864787
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When applying to schools, students often submit applications to distinct school systems that operate independently, which leads to waste and distortions of stability due to miscoordination. To alleviate this issue, Manjunath and Turhan (2016) introduce the Iterative Deferred Acceptance mechanism...
Persistent link: https://www.econbiz.de/10013223238
Every year during school and college admissions, students and their parents devote considerable time and effort to acquiring costly information about their own preferences. In a market where students are ranked by universities based on exam scores, we explore ways to reduce wasteful information...
Persistent link: https://www.econbiz.de/10012500709
We run laboratory experiments where subjects are matched to colleges, and colleges are not strategic agents. We test the Gale-Shapley Deferred Acceptance (DA) mechanism versus the Iterative Deferred Acceptance Mechanism (IDAM), a matching mechanism based on a new family of procedures being used...
Persistent link: https://www.econbiz.de/10011574107
We document experimentally how biased self-assessments affect the outcome of matching markets. In the experiments, we exogenously manipulate the self-confidence of participants regarding their relative performance by employing hard and easy real-effort tasks. We give participants the option to...
Persistent link: https://www.econbiz.de/10011574124