| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16544 |
| DP16544 Do Peer Preferences Matter in School Choice Market Design? Theory and Evidence | |
| Natalie Marie Bachas; Bobby Pakzad-Hurson; Ricardo Fonseca | |
| 发表日期 | 2022-05-24 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | Can a centralized school choice clearinghouse generate a stable matching if it does not allow students to express their preferences over both programs and peers? Theoretically, we show that a stable matching exists with peer preferences under mild conditions, but finding one via canonical mechanisms is unlikely. We show that increasing transparency about the previous cohort of students enrolling at each program induces a tâtonnement process wherein the distributions of former student types play the role of prices. We theoretically model this process and develop a test for match stability. We implement this test empirically in the college admissions market in New SouthWales (NSW), Australia, where we find evidence of preferences over relative peer ability. We show that the NSW market fails to converge to stability over time. We propose a new mechanism that improves upon the current design, and we show that this mechanism generates a stable matching in the NSW market. |
| 主题 | Organizational Economics |
| 关键词 | Market design College admissions Peer preferences |
| URL | https://cepr.org/publications/dp16544-1 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/546359 |
| 推荐引用方式 GB/T 7714 | Natalie Marie Bachas,Bobby Pakzad-Hurson,Ricardo Fonseca. DP16544 Do Peer Preferences Matter in School Choice Market Design? Theory and Evidence. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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