کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
957147 | 928511 | 2006 | 30 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
School choice: an experimental study
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
We present an experimental study of three school choice mechanisms. The Boston mechanism is influential in practice, while the Gale-Shapley and Top Trading Cycles mechanisms have superior theoretical properties. Consistent with theory, this study indicates a high preference manipulation rate under Boston. As a result, efficiency under Boston is significantly lower than that of the two competing mechanisms in the designed environment. However, contrary to theory, Gale-Shapley outperforms Top Trading Cycles and generates the highest efficiency. Our results suggest that replacing the Boston mechanism with either Gale-Shapley or Top Trading Cycles mechanism might significantly improve efficiency.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Theory - Volume 127, Issue 1, March 2006, Pages 202-231
Journal: Journal of Economic Theory - Volume 127, Issue 1, March 2006, Pages 202-231
نویسندگان
Yan Chen, Tayfun Sönmez,