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文章基本信息

  • 标题:School choice under complete information: An experimental study
  • 本地全文:下载
  • 作者:Yan Chen ; Yingzhi Liang ; Tayfun Sönmez
  • 期刊名称:Journal of Mechanism and Institution Design
  • 印刷版ISSN:2399-844X
  • 电子版ISSN:2399-8458
  • 出版年度:2016
  • 卷号:1
  • 期号:1
  • 页码:45-82
  • DOI:10.22574/jmid.2016.12.002
  • 摘要:We present an experimental study of three school choice mechanisms under complete information, using the designed environment in Chen & Sonmez ¨ (2006). We find that the top trading cycles (TTC) mechanism outperforms both the Gale-Shapley deferred acceptance (DA) and the Boston immediate acceptance (BOS) mechanism in terms of truth-telling and efficiency, whereas DA is more stable than either TTC or BOS. Compared to the incomplete information setting in Chen & Sonmez ¨ (2006), the performance of both TTC and BOS improves with more information, whereas that of DA does not.
  • 关键词:School choice; experiment; mechanism design.
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