Application Costs in Sequential Admission Mechanisms
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.
|Date of creation:||2006|
|Date of revision:|
|Contact details of provider:|| Postal: Via Real Collegio, 30, 10024 Moncalieri (To)|
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UC3M Working papers. Economics
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