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:|
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- José Alcalde Pérez & Antonio Romero-Medina, 1996.
"Simple mechanisms to implement the core of college admissions problems,"
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- Alcalde, Jose & Romero-Medina, Antonio, 2005.
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- 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).
- 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.
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