EconPapers    
Economics at your fingertips  
 

Preference Discovery in University Admissions: The Case for Dynamic Multioffer Mechanisms

Julien Grenet, YingHua He and Dorothea Kübler

EconStor Open Access Articles and Book Chapters, 2022, vol. 130, issue 6, -

Abstract: We document quasi-experimental evidence against the common assumption in the matching literature that agents have full information on their own preferences. In Germany's university admissions, the first stages of the Gale-Shapley algorithm are implemented in real time, allowing for multiple offers per student. We demonstrate that nonexploding early offers are accepted more often than later offers, despite not being more desirable. These results, together with survey evidence and a theoretical model, are consistent with students' costly discovery of preferences. A novel dynamic multioffer mechanism that batches early offers improves matching efficiency by informing students of offer availability before preference discovery.

Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/251889/3/F ... nce-discovery-in.pdf (application/pdf)

Related works:
Journal Article: Preference Discovery in University Admissions: The Case for Dynamic Multioffer Mechanisms (2022) Downloads
Working Paper: Preference Discovery in University Admissions: The Case for Dynamic Multioffer Mechanisms (2022) Downloads
Working Paper: Preference Discovery in University Admissions: The Case for Dynamic Multioffer Mechanisms (2022) Downloads
Working Paper: Preference Discovery in University Admissions: The Case for Dynamic Multioffer Mechanisms (2022) Downloads
Working Paper: Preference Discovery in University Admissions: The Case for Dynamic Multioffer Mechanisms (2022) Downloads
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: https://EconPapers.repec.org/RePEc:zbw:espost:251889

DOI: 10.1086/718983

Access Statistics for this article

More articles in EconStor Open Access Articles and Book Chapters from ZBW - Leibniz Information Centre for Economics Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().

 
Page updated 2025-03-31
Handle: RePEc:zbw:espost:251889