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Bidding for Army Career Specialties: Improving the ROTC Branching Mechanism

  • Tayfun S�nmez

Motivated by the low retention rates of US Military Academy and Reserve Officer Training Corps graduates, the Army recently introduced incentives programs in which cadets could bid 3 years of additional service obligation to obtain higher priority for their desired branches. The full potential of this incentives program is not utilized because of the ROTC’s deficient matching mechanism. I propose a design that eliminates these shortcomings and mitigates several policy problems the Army has identified. In contrast to the ROTC mechanism, my design utilizes market principles more extensively, and it is a hybrid between a market mechanism and a priority-based allocation mechanism.

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File URL: http://www.jstor.org/stable/pdfplus/10.1086/669915
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File URL: http://www.jstor.org/stable/full/10.1086/669915
Download Restriction: Access to the online full text or PDF requires a subscription.

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Article provided by University of Chicago Press in its journal Journal of Political Economy.

Volume (Year): 121 (2013)
Issue (Month): 1 ()
Pages: 186 - 219

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Handle: RePEc:ucp:jpolec:doi:10.1086/669915
Contact details of provider: Web page: http://www.journals.uchicago.edu/JPE/

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  1. Federico Echenique, 2012. "Contracts versus Salaries in Matching," American Economic Review, American Economic Association, vol. 102(1), pages 594-601, February.
  2. Budish, Eric & Cantillon, Estelle, 2010. "The Multi-unit Assignment Problem: Theory and Evidence from Course Allocation at Harvard," CEPR Discussion Papers 7641, C.E.P.R. Discussion Papers.
  3. Tayfun Sönmez & M. Utku Ünver, 2009. "Matching, Allocation, and Exchange of Discrete Resources," Boston College Working Papers in Economics 717, Boston College Department of Economics.
  4. Benjamin Edelman & Michael Ostrovsky & Michael Schwarz, 2005. "Internet Advertising and the Generalized Second Price Auction: Selling Billions of Dollars Worth of Keywords," NBER Working Papers 11765, National Bureau of Economic Research, Inc.
  5. Alvin E. Roth & Tayfun Sonmez & M. Utku Unver, 2003. "Kidney Exchange," NBER Working Papers 10002, National Bureau of Economic Research, Inc.
  6. Varian, Hal R., 2007. "Position auctions," International Journal of Industrial Organization, Elsevier, vol. 25(6), pages 1163-1178, December.
  7. Onur Kesten, 2010. "School Choice with Consent," The Quarterly Journal of Economics, MIT Press, vol. 125(3), pages 1297-1348, August.
  8. Aytek Erdil & Haluk Ergin, 2008. "What's the Matter with Tie-Breaking? Improving Efficiency in School Choice," American Economic Review, American Economic Association, vol. 98(3), pages 669-89, June.
  9. Balinski, Michel & Sonmez, Tayfun, 1999. "A Tale of Two Mechanisms: Student Placement," Journal of Economic Theory, Elsevier, vol. 84(1), pages 73-94, January.
  10. Kominers, Scott Duke, 2012. "On the correspondence of contracts to salaries in (many-to-many) matching," Games and Economic Behavior, Elsevier, vol. 75(2), pages 984-989.
  11. Tayfun Sönmez & Tobias B. Switzer, 2011. "Matching with (Branch-of-Choice) Contracts at United States Military Academy," Boston College Working Papers in Economics 782, Boston College Department of Economics.
  12. Hatfield, John William & Kojima, Fuhito, 2010. "Substitutes and stability for matching with contracts," Journal of Economic Theory, Elsevier, vol. 145(5), pages 1704-1723, September.
  13. M. Utku �nver, 2010. "Dynamic Kidney Exchange," Review of Economic Studies, Oxford University Press, vol. 77(1), pages 372-414.
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