Ontology highlight
ABSTRACT:
SUBMITTER: Bordon P
PROVIDER: S-EPMC6097249 | biostudies-literature | 2015 Oct
REPOSITORIES: biostudies-literature
The Review of economic studies 20150515 4
Many countries use college-major-specific admissions policies that require a student to choose a college-major pair jointly. Given the potential of student-major mismatches, we explore the equilibrium effects of postponing student choice of major. We develop a sorting equilibrium model under the college-major-specific admissions regime, allowing for match uncertainty and peer effects. We estimate the model using Chilean data. We introduce the counterfactual regime as a Stackelberg game in which ...[more]