A Tale of Two Mechanisms: Student Placement
@article{Balinski1999ATO,
title={A Tale of Two Mechanisms: Student Placement},
author={M. Balinski and T. S{\"o}nmez},
journal={Journal of Economic Theory},
year={1999},
volume={84},
pages={73-94}
}Abstract A new class of matching problems that models centralized college admissions via standardized tests is presented. The allocation mechanism that is used in real-life applications of this problem in Turkey is analyzed. It is shown that this mechanism, multi-category serial dictatorship, has a number of serious deficiencies, most notably inefficiency, vulnerability to manipulation, and the potential of penalizing students for improved test scores. Exploiting the relation between this class… CONTINUE READING
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