Replication data for: The Multi-unit Assignment Problem: Theory and Evidence from Course Allocation at Harvard
Principal Investigator(s): View help for Principal Investigator(s) Eric Budish; Estelle Cantillon
Version: View help for Version V1
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Data-Appendix | 09/14/2021 02:11:PM | ||
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Project Citation:
Budish, Eric, and Cantillon, Estelle. Replication data for: The Multi-unit Assignment Problem: Theory and Evidence from Course Allocation at Harvard. Nashville, TN: American Economic Association [publisher], 2012. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112547V1
Project Description
Summary:
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We use theory and field data to study the draft mechanism used to allocate courses at Harvard Business School. We show that the draft is manipulable in theory, manipulated in practice, and that these manipulations cause significant welfare loss. Nevertheless, we find that welfare is higher than under its widely studied strategyproof
alternative. We identify a new link between fairness and welfare that explains why the draft performs well despite the costs of strategic behavior, and then design a new draft that reduces these costs. We draw several broader lessons for market design, regarding Pareto efficiency, fairness, and strategyproofness. (JEL D63, D82, I23)
Scope of Project
Subject Terms:
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Matching;
Assignment;
Combinatorial Allocation;
Course Allocation;
Survey Data
JEL Classification:
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D63 Equity, Justice, Inequality, and Other Normative Criteria and Measurement
D82 Asymmetric and Private Information; Mechanism Design
I23 Higher Education; Research Institutions
D63 Equity, Justice, Inequality, and Other Normative Criteria and Measurement
D82 Asymmetric and Private Information; Mechanism Design
I23 Higher Education; Research Institutions
Data Type(s):
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survey data;
administrative records data;
other:
Methodology
Unit(s) of Observation:
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Truthful and Strategic Preferences,
Related Publications
Published Versions
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