Business School a university for the real world


19 September 2019

The School of Economics and Finance invites you to attend a seminar where Dr Siqi Pan from University of Melbourne will present on "Information Acquisition and Preference Formation in College Admissions".


Rustamdjan Hakimov (University of Lausanne), Dorothea Kübler (WZB Berlin)


Every year during college admissions, students and their parents devote considerable time and effort to information acquisition for the purpose of forming their preferences over a large number of universities. In this paper, we explore ways to reduce wasteful information acquisition using a market design approach. We theoretically and experimentally compare the widely recommended direct student-proposing deferred acceptance mechanism (DSP-DA) with a sequential university-proposing deferred acceptance mechanism (SUP-DA). Consistent with the theory, SUP-DA leads to less wasteful information acquisition and higher student welfare than DSP-DA. In addition, we observe significantly smaller deviations from optimal search strategies under SUP-DA. We also investigate the effects of providing historical cutoff scores, which is a common practice in many real-life college admissions markets.

Everyone is welcome to attend.

For more information please see Dr Siqi Pan's website.


19 September 2019 - 19 September 2019
Gardens Point Campus, Z Block, Level 8
GP - Z808
Free to attend
QUT School of Economics and Finance
Dr Changxia Ke
07 3138 0811
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