Economics at your fingertips  

Leveling the Playing Field: Sincere and Sophisticated Players in the Boston Mechanism

Parag Pathak and Tayfun Sönmez ()

American Economic Review, 2008, vol. 98, issue 4, 1636-52

Abstract: Empirical and experimental evidence suggests different levels of sophistication among families in the Boston Public School student assignment plan. We analyze the preference revelation game induced by the Boston mechanism with sincere players who report their true preferences and sophisticated players who play a best response. We characterize the set of Nash equilibrium outcomes as the set of stable matchings of a modified economy, where sincere students lose priority to sophisticated students. Any sophisticated student weakly prefers her assignment under the Pareto-dominant Nash equilibrium of the Boston mechanism to her assignment under the recently adopted student-optimal stable mechanism. (JEL D82, I21)

JEL-codes: I21 I28 (search for similar items in EconPapers)
Date: 2008
Note: DOI: 10.1257/aer.98.4.1636
References: Add references at CitEc
Citations: View citations in EconPapers (201) Track citations by RSS feed

Downloads: (external link) (application/pdf)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

Access Statistics for this article

American Economic Review is currently edited by Esther Duflo

More articles in American Economic Review from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().

Page updated 2022-08-13
Handle: RePEc:aea:aecrev:v:98:y:2008:i:4:p:1636-52