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This article reviews recent developments in revealed preference theory. It discusses the testable implications of theories of choice that are germane to specific economic environments. The focus is on expected utility in risky environments, subjected expected utility and maxmin expected utility...
Persistent link: https://www.econbiz.de/10012404579
The prevalent affirmative action policy in school choice limits the number of admitted majority students to give minority students higher chances to attend their desired schools. There have been numerous efforts to reconcile affirmative action policies with celebrated matching mechanisms such as...
Persistent link: https://www.econbiz.de/10011599485
Increasingly, more school districts across the US are using centralized admissions for charter, magnet, and neighborhood schools in a common enrollment system. We first show that, across all school-participation patterns, full participation in the common (or unified) enrollment system leads to...
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