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 institution. This requirement was removed in the fourth call. We model the recruiting process as a twosided 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.
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Bibliographic InfoPaper provided by Universidad Carlos III, Departamento de Economía in its series Economics Working Papers with number we075328.
Date of creation: Jun 2007
Date of revision:
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.
- Matteo Triossi & Antonio Romero-Medina, 2006. "Ramón y Cajal: Mediation and Meritocracy," Carlo Alberto Notebooks 22, Collegio Carlo Alberto.
- 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-2007-08-14 (All new papers)
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