Abstract
We investigate sequential two-stage admission systems with public and private schools. A sequential notion of truthfulness, called straightforwardness, is introduced. Contrary to one-stage systems, sequentiality leads to a trade-off between the existence of a straightforward equilibrium and non-wastefulness. We identify the unique set of rules for two-stage systems that guarantees the existence of a straightforward equilibrium and reduces waste. Existing admission systems in Türkiye and Sweden are analyzed within our general framework.
Original language | English |
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Pages (from-to) | 231-276 |
Number of pages | 46 |
Journal | Social Choice and Welfare |
Volume | 63 |
Issue number | 2 |
DOIs | |
Publication status | Published - Sept 2024 |
Bibliographical note
Publisher Copyright:© The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2024.