Saturday, February 8, 2014

Competition between colleges

Wei-Cheng Chen and Yi-Cheng Kao have a paper on college admissions that focuses on the practice of universities in a number of Asian countries of scheduling their admissions exams on the same day, so that students must choose which school to apply to among those whose exam is on the same day.

Simultaneous screening and college admissions, Economics Letters, Volume 122, Issue 2, February 2014, Pages 296–298

We analyze a simultaneous screening problem in competition among top schools. The model predicts that when the second best school has similar prestige to the best one it could attract better students by choosing the same entrance examination date.

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