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来源类型Working Paper
规范类型报告
DOI10.3386/w25096
来源IDWorking Paper 25096
Heterogeneous Beliefs and School Choice Mechanisms
Adam Kapor; Christopher A. Neilson; Seth D. Zimmerman
发表日期2018-10-01
出版年2018
语种英语
摘要This paper studies how welfare outcomes in centralized school choice depend on the assignment mechanism when participants are not fully informed. Using a survey of school choice participants in a strategic setting, we show that beliefs about admissions chances differ from rational expectations values and predict choice behavior. To quantify the welfare costs of belief errors, we estimate a model of school choice that incorporates subjective beliefs. We evaluate the equilibrium effects of switching to a strategy-proof deferred acceptance algorithm, and of improving households’ belief accuracy. We find that a switch to truthful reporting in the DA mechanism offers welfare improvements over the baseline given the belief errors we observe in the data, but that an analyst who assumed families had accurate beliefs would have reached the opposite conclusion.
主题Microeconomics ; Market Structure and Distribution ; Health, Education, and Welfare ; Education
URLhttps://www.nber.org/papers/w25096
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/582769
推荐引用方式
GB/T 7714
Adam Kapor,Christopher A. Neilson,Seth D. Zimmerman. Heterogeneous Beliefs and School Choice Mechanisms. 2018.
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