College Admissions Game: Early Action or Early Decision?
AbstractIn this paper, we study the long-played, yet until now unmodeled, college admissions game over early admissions plans using a many-to-one matching framework. We characterize the equilibrium strategies of each college involving its early quota out of its total capacity, and the set of admissible and deferred students within its applicant pool independently from the early admissions plans of the colleges in the market. Given these strategies, we show that for each college early action is a weakly dominant choice between early admissions plans.
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Bibliographic InfoPaper provided by Bogazici University, Department of Economics in its series Working Papers with number 2008/05.
Date of creation: May 2008
Date of revision:
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Other versions of this item:
- Mumcu, Ayse & Saglam, Ismail, 2007. "College Admissions Game: Early Action or Early Decision?," MPRA Paper 3592, University Library of Munich, Germany.
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
- C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
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- Roth, Alvin E., 1985. "The college admissions problem is not equivalent to the marriage problem," Journal of Economic Theory, Elsevier, vol. 36(2), pages 277-288, August.
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Boston College Working Papers in Economics
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Handbook of Game Theory with Economic Applications,
in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 1, chapter 16, pages 485-541
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- The subtle strategies of early college admissions
by Economic Logician in Economic Logic on 2009-03-20 15:05:00
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