Volltext herunterladen
(externe Quelle)
Zitationshinweis
Bitte beziehen Sie sich beim Zitieren dieses Dokumentes immer auf folgenden Persistent Identifier (PID):
https://hdl.handle.net/10419/103212
Export für Ihre Literaturverwaltung
College admissions with entrance exams: centralized versus decentralized
[Arbeitspapier]
Körperschaftlicher Herausgeber
Wissenschaftszentrum Berlin für Sozialforschung gGmbH
Abstract We theoretically and experimentally study a college admissions problem in which colleges accept students by ranking students' efforts in entrance exams. Students hold private information regarding their ability level that affects the cost of their efforts. We assume that student preferences are homo... mehr
We theoretically and experimentally study a college admissions problem in which colleges accept students by ranking students' efforts in entrance exams. Students hold private information regarding their ability level that affects the cost of their efforts. We assume that student preferences are homogeneous over colleges. By modeling college admissions as contests, we solve and compare the equilibria of "centralized college admissions" (CCA) in which students apply to all colleges, and "decentralized college admissions" (DCA) in which students can only apply to one college. We show that lower ability students prefer DCA whereas higher ability students prefer CCA. The main qualitative predictions of the theory are supported by the experimental data, yet we find a number of behavioral differences between the mechanisms that render DCA less attractive than CCA compared to the equilibrium benchmark. (author's abstract)... weniger
Thesaurusschlagwörter
Wettbewerb; Studentenwerk; Experiment; Student; Aufnahmeprüfung; Hochschule; Leistungsfähigkeit; Bildungsniveau; Kosten; College; Zentralisierung; Dezentralisation; Verhalten; Ranking
Klassifikation
Bildungswesen tertiärer Bereich
Sozialpsychologie
Sprache Dokument
Englisch
Publikationsjahr
2014
Erscheinungsort
Berlin
Seitenangabe
48 S.
Schriftenreihe
Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Markt und Entscheidung, Abteilung Verhalten auf Märkten, SP II 2014-208
Handle
https://hdl.handle.net/10419/103212
Status
Veröffentlichungsversion; begutachtet
Lizenz
Deposit Licence - Keine Weiterverbreitung, keine Bearbeitung