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Beyond Truth-Telling: Preference Estimation with Centralized School Choice and College Admissions

Fack, Gabrielle; Grenet, Julien; He, Yinghua (2019), Beyond Truth-Telling: Preference Estimation with Centralized School Choice and College Admissions, The American Economic Review, 109, 4, p. 1486-1529. 10.1257/aer.20151422

Type
Article accepté pour publication ou publié
Date
2019
Journal name
The American Economic Review
Volume
109
Number
4
Publisher
American Economic Association
Pages
1486-1529
Publication identifier
10.1257/aer.20151422
Metadata
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Author(s)
Fack, Gabrielle
Laboratoire d'Economie de Dauphine [LEDa]
Grenet, Julien cc

He, Yinghua
Abstract (EN)
We propose novel approaches to estimating student preferences with data from matching mechanisms, especially the Gale-Shapley deferred acceptance. Even if the mechanism is strategy-proof, assuming that students truthfully rank schools in applications may be restrictive. We show that when students are ranked strictly by some ex ante known priority index (e.g., test scores), stability is a plausible and weaker assumption, implying that every student is matched with her favorite school/college among those she qualifies for ex post. The methods are illustrated in simulations and applied to school choice in Paris. We discuss when each approach is more appropriate in real-life settings.
Subjects / Keywords
Gale-Shapley Deferred Acceptance Mechanism; School Choice; CollegeAdmissions; Stable Matching; Student Preferences
JEL
C78 - Bargaining Theory; Matching Theory
D47 - Market Design
D50 - General
D61 - Allocative Efficiency; Cost–Benefit Analysis
I21 - Analysis of Education

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