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Application Costs in Sequential Admission Mechanisms

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  • Matteo Triossi

Abstract

This paper considers a realistic family of admission mechanisms, with multiple applications and application costs. Multiple applications impose serious coordination problems to colleges, but application costs restore stability. Without application costs and under incomplete information unstable allocations emerge.

Suggested Citation

  • Matteo Triossi, 2006. "Application Costs in Sequential Admission Mechanisms," Carlo Alberto Notebooks 23, Collegio Carlo Alberto.
    • Handle: RePEc:cca:wpaper:23
    as

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    References listed on IDEAS

    as
    1. Alcalde, Jose & Romero-Medina, Antonio, 2005. "Sequential decisions in the college admissions problem," Economics Letters, Elsevier, vol. 86(2), pages 153-158, February.
    2. Marilda Sotomayor, 2003. "Reaching the core of the marriage market through a non-revelation matching mechanism," International Journal of Game Theory, Springer;Game Theory Society, vol. 32(2), pages 241-251, December.
    3. 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.
    4. 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.
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    More about this item

    Keywords

    Application Costs; Matching Markets; Implementation.;
    All these keywords.

    JEL classification:

    • 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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