Code for "Heterogeneous Beliefs and School Choice Mechanisms"
Principal Investigator(s): View help for Principal Investigator(s) Adam Kapor, Princeton University; Christopher Neilson, Princeton University; Seth Zimmerman, University of Chicago Booth School of Business
Version: View help for Version V1
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code | 11/15/2019 12:42:AM | ||
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application/pdf | 34.7 KB | 11/14/2019 07:33:PM |
Project Citation:
Kapor, Adam, Neilson, Christopher, and Zimmerman, Seth. Code for “Heterogeneous Beliefs and School Choice Mechanisms” . Nashville, TN: American Economic Association [publisher], 2020. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2020-04-15. https://doi.org/10.3886/E111583V1
Project Description
Summary:
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This paper studies how welfare outcomes in centralized school choice depend on the assignment mechanism when participants are not fully informed. Using a survey of school choice participants in a strategic setting, we show that beliefs about admissions chances differ from rational expectations values and predict choice behavior. To quantify the welfare costs of belief errors, we estimate a model of school choice that incorporates subjective beliefs. We evaluate the equilibrium effects of switching to a strategy-proof deferred acceptance algorithm, and of improving households' belief accuracy. We find that a switch to truthful reporting in the DA mechanism offers welfare improvements over the baseline given the belief errors we observe in the data, but that an analyst who assumed families had accurate beliefs would have reached the opposite conclusion.
Scope of Project
Subject Terms:
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School Choice
Geographic Coverage:
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New Haven, CT
Time Period(s):
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2015 – 2017
Collection Date(s):
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2015 – 2017
Universe:
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This is a study of actual and potential participants in high school choice in New Haven, CT.
This is a study of actual and potential participants in high school choice in New Haven, CT.
Data Type(s):
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program source code
Methodology
Sampling:
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This study examines the population of New Haven resident rising ninth graders (and their households) in the New Haven public school system. Please see text of paper for sampling details.
Data Source:
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The main data sources for this project are administrative records of choice participation and school enrollment for the sample population and household survey data for a subset of this population.
The main data sources for this project are administrative records of choice participation and school enrollment for the sample population and household survey data for a subset of this population.
Collection Mode(s):
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mixed mode
Scales:
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n/a
Weights:
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n/a
Unit(s) of Observation:
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Students/households and schools
Geographic Unit:
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n/a
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