Document de travail

Beyond Truth-Telling: Preference Estimation with Centralized School Choice and College Admissions

Gabrielle Fack, Julien Grenet et Yinghua He

Résumé

We propose novel approaches and tests for estimating student preferences with data from centralized matching mechanisms, like the Gale-Shapley Deferred Acceptance, when students are strictly ranked by, e.g., test scores. Without requiring truth-telling to be the unique equilibrium, we show that the matching is (asymptotically) stable, or justified-envy-free, implying that every student is matched with her favorite school/college among those she is qualified for ex post. Having illustrated the approaches in simulations, we apply them to school choice data from Paris and demonstrate evidence supporting stability but not truth-telling. We discuss when each approach is more appropriate in real-life settings.

Mots-clés

Gale-Shapley Deferred-Acceptance Mechanism; School Choice; Stable Matching; Student Preferences; Admission Criteria;

Codes JEL

  • C78: Bargaining Theory • Matching Theory
  • D47: Market Design
  • D50: General
  • D61: Allocative Efficiency • Cost–Benefit Analysis
  • I21: Analysis of Education

Référence

Gabrielle Fack, Julien Grenet et Yinghua He, « Beyond Truth-Telling: Preference Estimation with Centralized School Choice and College Admissions », TSE Working Paper, n° 15-607, octobre 2015, révision septembre 2017.

Voir aussi

Publié dans

TSE Working Paper, n° 15-607, octobre 2015, révision septembre 2017