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School choice: an experimental study

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dc.contributor.coauthorChen, Yan
dc.contributor.departmentDepartment of Economics
dc.contributor.kuauthorSönmez, Tayfun
dc.contributor.schoolcollegeinstituteCollege of Administrative Sciences and Economics
dc.date.accessioned2024-11-09T23:22:01Z
dc.date.issued2006
dc.description.abstractWe 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.
dc.description.indexedbyWOS
dc.description.indexedbyScopus
dc.description.issue1
dc.description.openaccessNO
dc.description.publisherscopeInternational
dc.description.sponsoredbyTubitakEuN/A
dc.description.volume127
dc.identifier.doi10.1016/j.jet.2004.10.006
dc.identifier.eissn1095-7235
dc.identifier.issn0022-0531
dc.identifier.quartileQ3
dc.identifier.scopus2-s2.0-33144475054
dc.identifier.urihttps://doi.org/10.1016/j.jet.2004.10.006
dc.identifier.urihttps://hdl.handle.net/20.500.14288/10976
dc.identifier.wos236079100007
dc.keywordsBoston mechanism
dc.keywordsExperiment
dc.keywordsGale-Shapley
dc.keywordsMatching
dc.keywordsSchool choice
dc.keywordsTop trading cycles
dc.language.isoeng
dc.publisherAcademic Press Inc Elsevier Science
dc.relation.ispartofJournal of Economic Theory
dc.subjectEconomics
dc.titleSchool choice: an experimental study
dc.typeJournal Article
dspace.entity.typePublication
local.contributor.kuauthorSönmez, Tayfun
local.publication.orgunit1College of Administrative Sciences and Economics
local.publication.orgunit2Department of Economics
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relation.isParentOrgUnitOfPublication972aa199-81e2-499f-908e-6fa3deca434a
relation.isParentOrgUnitOfPublication.latestForDiscovery972aa199-81e2-499f-908e-6fa3deca434a

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