Redesigning the Israeli Psychology Master's Match
Assaf Romm and
American Economic Review, 2017, vol. 107, issue 5, 205-09
We report on the centralization of a two-sided matching-with-contracts market, in which pre-existing choice functions violate the substitutes condition. The ability to accommodate these choice functions was critical for the success of our design. The new mechanism is stable and strategy-proof for applicants. It is well accepted by both sides of the market. Our study provides a strong empirical validation for the practical relevance of recent theoretical advances on matching without substitutes.
JEL-codes: C78 D40 D82 D86 (search for similar items in EconPapers)
Note: DOI: 10.1257/aer.p20171048
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