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作者机构:Southwestern Univ Finance & Econ Sch Publ Finance & Taxat Chengdu Peoples R China
出 版 物:《APPLIED ECONOMICS》 (应用经济学)
年 卷 期:2021年第53卷第21期
页 面:2412-2415页
核心收录:
学科分类:02[经济学] 0201[经济学-理论经济学]
主 题:Recursive algorithm college admissions constrained serial dictatorship mechanism
摘 要:The constrained serial dictatorship mechanism is a popular method used in school admissions. However, due to the number of combinations possible, simulating the behaviour of students in their selection of schools and computing the best strategy for them to select a limited number of schools is currently a highly complex and time-consuming endeavour. The purpose of this study is to propose a recursive algorithm to significantly reduce this computational time and to provide an empirical application by employing this algorithm. To do this, I studied how the behaviours and utilities of students will change if provided with more choices for college admissions in Guangxi in China. The results indicate that neither the behaviours nor the utilities change significantly with the provision of more choices, which implies that increasing the available choices of schools for students in Guangxi would be a waste of resources.