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Preference intensities and risk aversion in school choice: A laboratory experiment

机译:学校选择中的偏好强度和风险规避:一项实验室实验

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摘要

We experimentally investigate in the laboratory prominent mechanisms that are employed in school choice programs to assign students to public schools and study how individual behavior is influenced by preference intensities and risk aversion. Our main results show that (a) the Gale-Shapley mechanism is more robust to changes in cardinal preferences than the Boston mechanism independently of whether individuals can submit a complete or only a restricted ranking of the schools and (b) subjects with a higher degree of risk aversion are more likely to play >safer> strategies under the Gale-Shapley but not under the Boston mechanism. Both results have important implications for enrollment planning and the possible protection risk averse agents seek. © 2012 Economic Science Association.
机译:我们在实验室中通过实验研究了择校计划中用来分配学生进入公立学校的主要机制,并研究了偏好强度和风险规避如何影响个人行为。我们的主要结果表明,(a)Gale-Shapley机制对基本偏好的改变比波士顿机制更强大,而与个人是否可以对学校进行完整或仅排名受限的排名无关,以及(b)学位较高的学科在Gale-Shapley体制下,规避风险的人更有可能采取“更安全”的策略,而在波士顿机制下则没有。两项结果均对注册计划和可能的防护风险厌恶者寻求具有重要意义。 ©2012经济科学协会。

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