Converging to Efficiency: the Ramón y Cajal Program Experience
AbstractWe analyze the evolution on the design of a policy measure promoted by the Spanish Government: the Ramón y Cajal Program. In the first calls of the Program, an eligibility requirement for a researcher was a preacceptance from at least one Spanish research insti- tution. This requirement was removed in the fourth call. We model the recruiting process as a two-sided matching model to find the reason for the new design. We model the situation as if research centers decided by majority to play either the old or the new mechanism. Our results prove that in a repeated game and assuming that research personnel is scarce, even endogamic centers will prefer the new mechanism after a finite number of calls. We also analyze application data for the first five calls, finding empirical support to our assumptions and theoretical findings.
Download InfoIf 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.
Bibliographic InfoPaper provided by Collegio Carlo Alberto in its series Carlo Alberto Notebooks with number 49.
Length: 38 pages
Date of creation: 2007
Date of revision:
Two-sided Matching Markets; Stable Matching; R&D; Policy Analysis; Differences in Differences.;
Other versions of this item:
- Matteo Triossi & Antonio Romero-Medina, 2006. "Ramón y Cajal: Mediation and Meritocracy," Carlo Alberto Notebooks 22, 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.
- C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-11-24 (All new papers)
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.:
- Martinez, Ruth & Masso, Jordi & Neme, Alejandro & Oviedo, Jorge, 2000. "Single Agents and the Set of Many-to-One Stable Matchings," Journal of Economic Theory, Elsevier, vol. 91(1), pages 91-105, March.
- Eisenberg, Theodore & Wells, Martin T, 2000. "Inbreeding in Law School Hiring: Assessing the Performance of Faculty Hired from Within," The Journal of Legal Studies, University of Chicago Press, vol. 29(1), pages 369-88, January.
- Roth, Alvin E & Xing, Xiaolin, 1994. "Jumping the Gun: Imperfections and Institutions Related to the Timing of Market Transactions," American Economic Review, American Economic Association, vol. 84(4), pages 992-1044, September.
- José Alcalde & Antonio Romero Medina, 1999.
"- Sequential Decisions In The College Admissions Problem,"
Working Papers. Serie AD
1999-16, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- Alcalde, Jose & Romero-Medina, Antonio, 2005. "Sequential decisions in the college admissions problem," Economics Letters, Elsevier, vol. 86(2), pages 153-158, February.
- Alcalde, Jose & Romero-Medina, Antonio, 2000.
"Simple Mechanisms to Implement the Core of College Admissions Problems,"
Games and Economic Behavior,
Elsevier, vol. 31(2), pages 294-302, May.
- José Alcalde Pérez & Antonio Romero-Medina, 1996. "Simple mechanisms to implement the core of college admissions problems," Working Papers. Serie AD 1996-13, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- Alcalde, Jose, 1996.
"Implementation of Stable Solutions to Marriage Problems,"
Journal of Economic Theory,
Elsevier, vol. 69(1), pages 240-254, April.
- José Alcalde, 1995. "Implementation of Stable Solutions to Marriage Problems," Working Papers. Serie AD 1995-05, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- José Alcalde Pérez & Antonio Romero-Medina & David Pérez-Castrillo, 1997.
"Hiring procedures to implement stable allocations,"
Working Papers. Serie AD
1997-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- 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.
- Alvin E. Roth, 2002. "The Economist as Engineer: Game Theory, Experimentation, and Computation as Tools for Design Economics," Econometrica, Econometric Society, vol. 70(4), pages 1341-1378, July.
- Roth, Alvin E., 1984. "Misrepresentation and stability in the marriage problem," Journal of Economic Theory, Elsevier, vol. 34(2), pages 383-387, December.
- Balinski, Michel & Sonmez, Tayfun, 1999. "A Tale of Two Mechanisms: Student Placement," Journal of Economic Theory, Elsevier, vol. 84(1), pages 73-94, January.
- Tayfun Sönmez & Tarik Kara, 1997. "Implementation of college admission rules (*)," Economic Theory, Springer, vol. 9(2), pages 197-218.
- Joana Pais, 2006. "On Random Matching Markets: Properties and Equilibria," Working Papers Department of Economics 2006/11, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
- Alcalde, Jose & Barbera, Salvador, 1994.
"Top Dominance and the Possibility of Strategy-Proof Stable Solutions to Matching Problems,"
Springer, vol. 4(3), pages 417-35, May.
- Alcalde, J. & Barberà, S., 1992. "Top Dominance and the Possibility of Strategy-Proof Stable Solutions to Matching Problems," UFAE and IAE Working Papers 196.92, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Roth, Alvin E, 1984. "The Evolution of the Labor Market for Medical Interns and Residents: A Case Study in Game Theory," Journal of Political Economy, University of Chicago Press, vol. 92(6), pages 991-1016, December.
- Alvin E. Roth & Uriel G. Rothblum, 1999. "Truncation Strategies in Matching Markets--In Search of Advice for Participants," Econometrica, Econometric Society, vol. 67(1), pages 21-44, January.
- Roth, Alvin E. & Sotomayor, Marilda, 1992.
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
- Ehlers, Lars, 2004. "In search of advice for participants in matching markets which use the deferred-acceptance algorithm," Games and Economic Behavior, Elsevier, vol. 48(2), pages 249-270, August.
- Roth, Alvin E & Xing, Xiaolin, 1997. "Turnaround Time and Bottlenecks in Market Clearing: Decentralized Matching in the Market for Clinical Psychologists," Journal of Political Economy, University of Chicago Press, vol. 105(2), pages 284-329, April.
- Marilda Sotomayor, 2003. "Reaching the core of the marriage market through a non-revelation matching mechanism," International Journal of Game Theory, Springer, vol. 32(2), pages 241-251, December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Giovanni Bert).
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.