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Top of the Batch: Interviews and the Match

Author

Listed:
  • Federico Echenique

    (Caltech)

  • Ruy González

    (Caltech)

  • Alistair Wilson

    (University of Pittsburgh)

  • Leeat Yariv

    (Princeton University)

Abstract

Most doctors in the NRMP are matched to one of their most-preferred internship programs. Since various surveys indicate similarities across doctors’ preferences, this suggests a puzzle. How can nearly everyone get a position in a highly-desirable program when positions in each program are scarce? We provide one possible explanation for this puzzle. We show that the patterns observed in the NRMP data may be an artifact of the interview process that precedes the match. Our analysis highlights the importance of interactions occurring outside of a matching clearinghouse for resulting outcomes, and casts doubts on analysis of clearinghouses that take reported preferences at face value.

Suggested Citation

  • Federico Echenique & Ruy González & Alistair Wilson & Leeat Yariv, 2021. "Top of the Batch: Interviews and the Match," Working Papers 2021-85, Princeton University. Economics Department..
    • Handle: RePEc:pri:econom:2021-85
    as

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    File URL: http://lyariv.mycpanel.princeton.edu//papers/MatchInterviews.pdf
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    References listed on IDEAS

    as
    1. , & ,, 2006. "A theory of stability in many-to-many matching markets," Theoretical Economics, Econometric Society, vol. 1(2), pages 233-273, June.
    2. Avinatan Hassidim & Déborah Marciano & Assaf Romm & Ran I. Shorrer, 2017. "The Mechanism Is Truthful, Why Aren't You?," American Economic Review, American Economic Association, vol. 107(5), pages 220-224, May.
    3. Charles Blair, 1988. "The Lattice Structure of the Set of Stable Matchings with Multiple Partners," Mathematics of Operations Research, INFORMS, vol. 13(4), pages 619-628, November.
    4. Nikhil Agarwal, 2015. "An Empirical Model of the Medical Match," American Economic Review, American Economic Association, vol. 105(7), pages 1939-1978, July.
    5. Li Chen & Juan Sebastian Pereyra Barreiro, 2015. "Self-Selection in School Choice," Working Papers ECARES ECARES 2015-52, ULB -- Universite Libre de Bruxelles.
    6. Rees-Jones, Alex, 2018. "Suboptimal behavior in strategy-proof mechanisms: Evidence from the residency match," Games and Economic Behavior, Elsevier, vol. 108(C), pages 317-330.
    7. Tamás Fleiner, 2003. "A Fixed-Point Approach to Stable Matchings and Some Applications," Mathematics of Operations Research, INFORMS, vol. 28(1), pages 103-126, February.
    8. repec:oup:restud:v:84:y::i:1:p:444-463. is not listed on IDEAS
    9. Elliott Peranson & Alvin E. Roth, 1999. "The Redesign of the Matching Market for American Physicians: Some Engineering Aspects of Economic Design," American Economic Review, American Economic Association, vol. 89(4), pages 748-780, September.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Yash Kanoria & Seungki Min & Pengyu Qian, 2020. "The Competition for Partners in Matching Markets," Papers 2006.14653, arXiv.org, revised Jan 2023.
    2. Maxwell Allman & Itai Ashlagi, 2023. "Interviewing Matching in Random Markets," Papers 2305.11350, arXiv.org, revised Sep 2023.
    3. Maxey, Tyler, 2024. "School choice with costly information acquisition," Games and Economic Behavior, Elsevier, vol. 143(C), pages 248-268.

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    More about this item

    Keywords

    NRMP; Deferred acceptance; Interviews; First-rank matches;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations

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