Arbeitspapier
Single versus multiple randomization in matching mechanisms
This paper experimentally studies an essential institutional feature of matching markets: Randomization of allocation priorities. I compare single and multiple randomization in the student assignment problem with ties. The Gale-Shapley deferred acceptance algorithm is employed after indifferences in school priorities are resolved by either random procedure. The main result is that a significant fraction of individuals prefers multiple to single randomization, although both are equivalent in expectation. Multiple randomization is perceived to be fairer. One theoretical explanation is the failure to disregard compound lotteries. These results show that random procedures are not inherently neutral with respect to preferences and fairness perceptions.
- Language
-
Englisch
- Bibliographic citation
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Series: Preprints of the Max Planck Institute for Research on Collective Goods ; No. 2016/8
- Classification
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Wirtschaft
Bargaining Theory; Matching Theory
Design of Experiments: Laboratory, Individual
Positive Analysis of Policy Formulation and Implementation
Criteria for Decision-Making under Risk and Uncertainty
- Subject
-
market design
school choice
mechanism design
experiment
deferred acceptance algorithm
randomization
tie-breaking
- Event
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Geistige Schöpfung
- (who)
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Schmelzer, André
- Event
-
Veröffentlichung
- (who)
-
Max Planck Institute for Research on Collective Goods
- (where)
-
Bonn
- (when)
-
2016
- Handle
- Last update
-
10.03.2025, 11:46 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Schmelzer, André
- Max Planck Institute for Research on Collective Goods
Time of origin
- 2016
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