Advanced Search
MyIDEAS: Login to save this article or follow this journal

A Revealed Preference Ranking of U.S. Colleges and Universities

Contents:

Author Info

  • Christopher N. Avery
  • Mark E. Glickman
  • Caroline M. Hoxby
  • Andrew Metrick

Abstract

We present a method of ranking U.S. undergraduate programs based on students' revealed preferences. When a student chooses a college among those that have admitted him, that college "wins" his "tournament." Our method efficiently integrates the information from thousands of such tournaments. We implement the method using data from a national sample of high-achieving students. We demonstrate that this ranking method has strong theoretical properties, eliminating incentives for colleges to adopt strategic, inefficient admissions policies to improve their rankings. We also show empirically that our ranking is (1) not vulnerable to strategic manipulation; (2) similar regardless of whether we control for variables, such as net cost, that vary among a college's admits; (3) similar regardless of whether we account for students selecting where to apply, including Early Decision. We exemplify multiple rankings for different types of students who have preferences that vary systematically. JEL Codes: I2, I23, C35, D11. Copyright 2013, Oxford University Press.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://hdl.handle.net/10.1093/qje/qjs043
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Oxford University Press in its journal The Quarterly Journal of Economics.

Volume (Year): 128 (2013)
Issue (Month): 1 ()
Pages: 425-467

as in new window
Handle: RePEc:oup:qjecon:v:128:y:2013:i:1:p:425-467

Contact details of provider:

Related research

Keywords:

Other versions of this item:

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Christopher Avery & Caroline M. Hoxby, 2003. "Do and Should Financial Aid Packages Affect Students' College Choices?," NBER Working Papers 9482, National Bureau of Economic Research, Inc.
  2. James Monks & Ronald G. Ehrenberg, 1999. "The Impact of US News and World Report College Rankings on Admission Outcomes and Pricing Decisions at Selective Private Institutions," NBER Working Papers 7227, National Bureau of Economic Research, Inc.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. William N. Goetzmann & Sharon Oster, 2013. "Competition Among University Endowments," NBER Chapters, in: How the Financial Crisis and Great Recession Affected Higher Education National Bureau of Economic Research, Inc.
  2. E. Han Kim & Min Zhu, 2010. "Universities as Firms: The Case of US Overseas Programs," NBER Chapters, in: American Universities in a Global Market, pages 163-201 National Bureau of Economic Research, Inc.
  3. Matilde P. Machado, & Ricardo Mora & Antonio Romero- Medina, 2006. "A Methodology To Measure Hospital Quality Using Physicians' Choices Over Training Vacancies," Economics Working Papers we060201, Universidad Carlos III, Departamento de Economía.
  4. Miguel Portela & Nelson Areal & Carla Sá & Fernando Alexandre & João Cerjeira & Ana Carvalho & Artur Rodrigues, 2007. "Regulation and marketisation in the Portuguese higher education system," NIPE Working Papers 11/2007, NIPE - Universidade do Minho.
  5. Matilde P. Machado & Ricardo Mora & Antonio Romero-Medina, 2012. "Can We Infer Hospital Quality From Medical Graduates’ Residency Choices?," Journal of the European Economic Association, European Economic Association, vol. 10(6), pages 1400-1424, December.
  6. Pawan Agarwal, 2006. "Higher Education in India - The Need for Change," Development Economics Working Papers 22139, East Asian Bureau of Economic Research.
  7. Chade, H. & Lewis, Gregory & Smith, L., 2014. "Student Portfolios and the College Admissions Problem," Scholarly Articles 12363836, Harvard University Department of Economics.
  8. Ayse Mumcu & Ismail Saglam, 2008. "College Admissions under Early Decision," Working Papers 2008/04, Bogazici University, Department of Economics.
  9. Benjamin Wirth, 2013. "Ranking German regions using interregional migration - What does internal migration tells us about regional well-being?," ERSA conference papers ersa13p1254, European Regional Science Association.
  10. Moul, Charles C. & Nye, John V.C., 2009. "Did the Soviets collude? A statistical analysis of championship chess 1940-1978," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 10-21, May.
  11. Katja Maria Kaufmann & Matthias Messner & Alex Solis, 2013. "Returns to Elite Higher Education in the Marriage Market: Evidence from Chile," Working Papers 489, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:oup:qjecon:v:128:y:2013:i:1:p:425-467. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.