Arbeitspapier

From Boston to Chinese parallel to deferred acceptance: Theory and experiments on a family of school choice mechanisms

We characterize a parametric family of application-rejection school choice mechanisms, including the Boston and Deferred Acceptance mechanisms as special cases, and spanning the parallel mechanisms for Chinese college admissions, the largest centralized matching in the world. Moving from one extreme member to the other results in systematic changes in manipulability, stability and welfare properties. Neither the ex-post dominance of the DA over the equilibria of Boston, nor the ex-ante dominance of Boston equilibria over the DA in stylized settings extends to the parallel mechanisms. In the laboratory, participants are most likely to reveal their preferences truthfully under the DA mechanism, followed by the Chinese parallel and then the Boston mechanisms. Furthermore, while the DA is significantly more stable than the Chinese parallel mechanism, which is more stable than Boston, efficiency comparisons vary across environments.

Language
Englisch

Bibliographic citation
Series: WZB Discussion Paper ; No. SP II 2013-205

Classification
Wirtschaft
Bargaining Theory; Matching Theory
Design of Experiments: Laboratory, Group Behavior
Asymmetric and Private Information; Mechanism Design
Subject
school choice
Boston mechanism
Chinese parallel mechanism
deferred acceptance
experiment

Event
Geistige Schöpfung
(who)
Chen, Yan
Onur, Kesten
Event
Veröffentlichung
(who)
Wissenschaftszentrum Berlin für Sozialforschung (WZB)
(where)
Berlin
(when)
2013

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Chen, Yan
  • Onur, Kesten
  • Wissenschaftszentrum Berlin für Sozialforschung (WZB)

Time of origin

  • 2013

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