Matching Strategies of Heterogeneous Agents under Incomplete Information in a University Clearinghouse

B. Hoyer, N. Stroh-Maraun, Matching Strategies of Heterogeneous Agents under Incomplete Information in a University Clearinghouse, CIE Working Paper Series, Paderborn University, 2017.

Download
Restricted Matching Strategies of Heterogeneous Agents under Incomplete Information in a University Clearinghouse.pdf 346.75 KB
Working Paper | English
Abstract
In actual school choice applications the theoretical underpinnings of the Boston School Choice Mechanism (BM) (complete information and rationality of the agents) are often not given. We analyze the actual behavior of agents in such a matching mechanism, using data from the matching mechanism currently used in a clearinghouse at a faculty of Business Administration and Economics at a German university, where a variant of the BM is used, and supplement this data with data generated in a survey among students who participated in the clearinghouse. We find that under the current mechanism over 70% of students act strategically. Controlling for students' limited information, we find that they do act rationally in their decision to act strategically. While students thus seem to react to the incentives to act strategically under the BM, they do not seem to be able to use this to their own advantage. However, those students acting in line with their beliefs manage a significantly better personal outcome than those who do not. We also run simulations by using a variant of the deferred acceptance algorithm, adapted to our situation, to show that the use of a different algorithm may be to the students' advantage.
Publishing Year
Series Title / Volume
Working Papers CIE
Volume
110
LibreCat-ID

Cite this

Hoyer B, Stroh-Maraun N. Matching Strategies of Heterogeneous Agents under Incomplete Information in a University Clearinghouse. Vol 110. CIE Working Paper Series, Paderborn University; 2017.
Hoyer, B., & Stroh-Maraun, N. (2017). Matching Strategies of Heterogeneous Agents under Incomplete Information in a University Clearinghouse (Vol. 110). CIE Working Paper Series, Paderborn University.
@book{Hoyer_Stroh-Maraun_2017, series={Working Papers CIE}, title={Matching Strategies of Heterogeneous Agents under Incomplete Information in a University Clearinghouse}, volume={110}, publisher={CIE Working Paper Series, Paderborn University}, author={Hoyer, Britta and Stroh-Maraun, Nadja}, year={2017}, collection={Working Papers CIE} }
Hoyer, Britta, and Nadja Stroh-Maraun. Matching Strategies of Heterogeneous Agents under Incomplete Information in a University Clearinghouse. Vol. 110. Working Papers CIE. CIE Working Paper Series, Paderborn University, 2017.
B. Hoyer and N. Stroh-Maraun, Matching Strategies of Heterogeneous Agents under Incomplete Information in a University Clearinghouse, vol. 110. CIE Working Paper Series, Paderborn University, 2017.
Hoyer, Britta, and Nadja Stroh-Maraun. Matching Strategies of Heterogeneous Agents under Incomplete Information in a University Clearinghouse. Vol. 110, CIE Working Paper Series, Paderborn University, 2017.
All files available under the following license(s):
Copyright Statement:
This Item is protected by copyright and/or related rights. [...]
Main File(s)
File Name
Matching Strategies of Heterogeneous Agents under Incomplete Information in a University Clearinghouse.pdf 346.75 KB
Access Level
Restricted Closed Access
Last Uploaded
2018-08-15T07:33:12Z


Link(s) to Main File(s)
Access Level
Restricted Closed Access

Export

Marked Publications

Open Data LibreCat

Search this title in

Google Scholar