The Skipping-down strategy and stability in school choice problems with affirmative action: Theory and experiment

成果类型:
Article
署名作者:
Kawagoe, Toshiji; Matsubae, Taisuke; Takizawa, Hirokazu
署名单位:
Future University Hakodate; Chuo University; Chuo University
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2017.12.012
发表日期:
2018
页码:
212-239
关键词:
School choice Truth-telling affirmative action market design experiment
摘要:
This paper presents a theoretical and experimental study of affirmative action policies in school choice problems focusing on the minority reserve mechanism, or DA-Reserve, proposed by Hafalir et al. (2013) and the majority quota mechanism, or DA-Quota, proposed by Abdulkadiroglu and Sonmez (2003), Kojima (2012) and Matsubae (2011). An evaluation of the performance of these mechanisms showed that, (1) while truth-telling is a dominant strategy in both mechanisms, the rate of its occurrence was less than 60%; (2) the average payoff was significantly higher with DA-Reserve than with DA-Quota, as theoretically predicted; (3) surprisingly, the proportion of students exhibiting justified envy was higher with DA-Reserve than with DA-Quota; and (4) a systematic pattern of deviation from the dominant strategy (referred to as skipping-down) was observed, and it was theoretically proven that this constituted Nash equilibrium with DA-Quota in some environments but not with DA-Reserve. More generally, the set of stable matchings was found to be larger with DA-Quota than with DA-Reserve, which explains the matching instability observed with the latter. (C) 2017 Elsevier Inc. All rights reserved.