School choice:: an experimental study

被引:171
作者
Chen, Y
Sönmez, T
机构
[1] Univ Michigan, Sch Informat, Ann Arbor, MI 48109 USA
[2] Koc Univ, Dept Econ, TR-34450 Istanbul, Turkey
基金
美国国家科学基金会;
关键词
school choice; experiment; matching; Gale-Shapley; top trading cycles; Boston mechanism;
D O I
10.1016/j.jet.2004.10.006
中图分类号
F [经济];
学科分类号
02 ;
摘要
We present an experimental study of three school choice mechanisms. The Boston mechanism is influential in practice, while the Gale-Shapley and Top Trading Cycles mechanisms have superior theoretical properties. Consistent with theory, this study indicates a high preference manipulation rate under Boston. As a result, efficiency under Boston is significantly lower than that of the two competing mechanisms in the designed environment. However, contrary to theory, Gale-Shapley outperforms Top Trading Cycles and generates the highest efficiency. Our results suggest that replacing the Boston mechanism with either Gale-Shapley or Top Trading Cycles mechanism might significantly improve efficiency. (c) 2005 Elsevier Inc. All rights reserved.
引用
收藏
页码:202 / 231
页数:30
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