Ramón y Cajal: Mediation and Meritocracy
AbstractThe Ramón y Cajal Program promotes the hiring of top researchers in Spanish R&D centers and academic institutions. The centralized mechanism associated to the Program is analyzed. The paper models it as a two-sided matching market and studies if it provides the incentives to increase the quality of the researchers hired. We analyze the mechanism both under complete and incomplete information. The comparison of the theoretical findings with the available data points out that the mechanism provides poor incentives and does not prevent collusion between research departments and candidates in the hiring process.
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Bibliographic InfoPaper provided by Collegio Carlo Alberto in its series Carlo Alberto Notebooks with number 22.
Length: 41 pages
Date of creation: 2006
Date of revision:
Matching Markets; Preagreements; Implementation.;
Other versions of this item:
- César Alonso-Borrego & Antonio Romero-Medina & Matteo Triossi, 2007. "Converging to Efficiency: the Ramón y Cajal Program Experience," Carlo Alberto Notebooks 49, Collegio Carlo Alberto.
- Cesar Alonso Borrego & Antonio Romero Medina & Mateo Triossi, 2007. "Converging to efficiency : the Ramón y Cajal Program experience," Economics Working Papers we075328, Universidad Carlos III, Departamento de Economía.
- C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
- D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
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