Which Was Better in the Context of Bringing NCEE Back to the Country, the Deferred Acceptance Algorithm or the Boston Mechanism
Jiahao Zhang ()
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Jiahao Zhang: Rong Qiao Sedbergh School
A chapter in Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022), 2022, pp 638-642 from Springer
Abstract:
Abstract Since its inception in Boston, the Boston mechanism has gained worldwide acclaim. Although there exist strong criticism and replacements happen often, economists have recently reconsidered its properties. The deferred acceptance algorithm (DA) has always been thought to be superior to the Boston mechanism because it has several distinguishing features when put in comparison. Countless studies have been conducted to investigate the two mechanisms, either directly in real-world market situations or through theoretical practices. But which is superior, and is one superior to the other in all circumstances? China’s National College Entrance Exam, also known as Gaokao, was established in 1952 and has undergone numerous changes since then. It was canceled for ten years due to the Cultural Revolution, which had negative impacts on China’s economy and the Chinese society. But NCEE was restored as the new leader came to prominence, with the Boston mechanism put in use. This paper compares DA with the Boston mechanism to investigate different implementation methods. Results show that DA would have played a better role if it was operated.
Keywords: deferred acceptance; Boston mechanism; NCEE (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-036-7_95
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DOI: 10.2991/978-94-6463-036-7_95
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