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PRODID:https://www.diw.de/de/diw_01.c.806339.de/veranstaltungen.html
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UID:diw_01.c.573333.en
LOCATION:Eleanor-Dulles-Raum,DIW Berlin im Quartier 110,5.2.010,Anton-Wilhelm-Amo-Straße 58,10117 Berlin
SUMMARY:Obvious Mistakes in a Strategically Simple College Admissions Environment
DESCRIPTION:12:30 - 13:30 // We provide direct field evidence that, even though the Hungarian college admissions process uses a strategically simple assignment mechanism, a large fraction of the applicants employ a dominated strategy. These applicants make obvious mistakes: they forgo the option for a tuition waiver worth thousands of dollars, even though this behavior has no benefit. In many cases, applicants would have received the tuition waiver had they asked for it. Obvious mistakes are more common among low-achieving students and high-socioeconomic-status students. Costly mistakes transfer tuition waivers from high- to low-socioeconomic status applicants and increase the number of students attending college. We exploit exogenous variation in the availability of tuition waivers and find that a rise in program selectivity substantially increases the likelihood of obvious mistakes, especially among high socioeconomic status applicants and low-achieving applicants.abstract
DTSTART;VALUE=DATE:20170830
DTEND;VALUE=DATE:20170830
DTSTAMP:20171203T230000Z
URL:https://www.diw.de/en/diw_01.c.573333.en/events/obvious_mistakes_in_a_strategically_simple_college_admissions_environment.html
ORGANIZER;CN=Stefan Etgeton:mailto:setgeton@diw.de
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