Discussion Paper No . 707 COLLEGE ADMISSIONS AND THE ROLE OF INFORMATION : AN EXPERIMENTAL STUDY

@inproceedings{Pais2008DiscussionPN,
  title={Discussion Paper No . 707 COLLEGE ADMISSIONS AND THE ROLE OF INFORMATION : AN EXPERIMENTAL STUDY},
  author={Joana Pais and {\'A}gnes Pint{\'e}r and R{\'o}bert F. Veszteg},
  year={2008}
}
We analyze two well-known matching mechanisms—the Gale-Shapley, and the Top Trading Cycles (TTC) mechanisms—in the experimental lab in three different informational settings, and study the role of information in individual decision making. Our results suggest that—in line with the theory—in the college admissions model the Gale-Shapley mechanism outperforms… CONTINUE READING