College Admissions as Non-Price Competition: The Case of South Korea
College Admissions as Non-Price Competition: The Case of South Korea
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非价格竞争的大学招生:韩国的案例
DOI:
10.3386/w20774
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发表时间:
2014
期刊:
影响因子:
--
通讯作者:
A. Roth
中科院分区:
文献类型:
--
作者:
Christopher Avery;Soohyung Lee;A. Roth
This paper examines non-price competition among colleges to attract highly qualified students, exploiting the South Korean setting where the national government sets rules governing applications. We identify some basic facts about the behavior of colleges before and after a 1994 policy change that changed the timing of the national college entrance exam and introduced early admissions, and propose a game-theoretic model that matches those facts. When applications reveal information about students that is of common interest to all colleges, lower-ranked colleges can gain in competition with higher-ranked colleges by limiting the number of possible applications.