Chiu, Y. Stephen; Weng, Weiwei - In: RAND Journal of Economics 40 (2009) 2, pp. 258-282
We study a model of centralized admissions in which schools are allowed to pre-commit to admitting qualified applicants who rank them as their top choices over more qualified applicants who do not. A less popular school may use the pre-commitment to steal applicants who otherwise would not...