Can EconJobMarket help Canadian universities?
通过一个简单模型分析学术匹配市场,申请者策略性选择申请组合,大学进行分散化录取,发现降低申请成本可能增加匹配摩擦。
Abstract We analyze the academic matching market by considering a simple model in which applicants who face an application cost strategically choose portfolios of applications. Universities then play a decentralized offer game in which unaccepted offers result in failure to trade on both sides of the market. We characterize a basic equilibrium to illustrate the sorting role that application costs play. In a numeric example, we illustrate how reduced application costs can result in increased matching frictions.