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School Choice with Crowding Education Resources: Theory and Experiments

Research Project

Project/Area Number 22K13364
Research Category

Grant-in-Aid for Early-Career Scientists

Allocation TypeMulti-year Fund
Review Section Basic Section 07010:Economic theory-related
Research InstitutionNagoya University (2023)
Kyoto University (2022)

Principal Investigator

ZHOU YU  名古屋大学, 経済学研究科, 准教授 (40807450)

Project Period (FY) 2022-04-01 – 2025-03-31
Project Status Granted (Fiscal Year 2023)
Budget Amount *help
¥4,160,000 (Direct Cost: ¥3,200,000、Indirect Cost: ¥960,000)
Fiscal Year 2024: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2023: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2022: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
KeywordsSchool choice / Crowding effect / Auction and matching / Education resource / Financial constraints / Auction algorithm
Outline of Research at the Start

Motivated by the empirical evidence, policy relevance, and the limitation of current theories, this project aims to develop a novel theory to examine school choice with crowding effects in the market design research and experimentally test the obtained theoretical results.

Outline of Annual Research Achievements

The first research achievement is that I published two working papers. The first one is "Equilibria in Matching Markets with Soft and Hard Liquidity Constraints." The second one is " Discrete Pricing in Multi-object Auctions." The second achievement is that I presented my results in the The 2023 North American Summer Meeting of the Econometric Society, Nagoya University Mini-workshop on Industrial Organization, and seminars at HongKong Budapest Unviersity, University of Macau.

Current Status of Research Progress
Current Status of Research Progress

1: Research has progressed more than it was originally planned.

Reason

I have submitted some papers to prestiguous international peer-reviewed journals and getten positive feedbacks. It takes some time to revise those papers. Hopefully all of them can get final acceptance next year. I am now working on the experimental part.

Strategy for Future Research Activity

My coauthers and I are now working on a new paper related to this project. That paper is particularly chanllenging, but we believe that it makes the significant contribution to existing works. I am now discussing the
experiment parts with researchers at the University of Macau about programming and implementation issues.

Report

(2 results)
  • 2023 Research-status Report
  • 2022 Research-status Report
  • Research Products

    (3 results)

All 2023 2022

All Journal Article (1 results) (of which Peer Reviewed: 1 results,  Open Access: 1 results) Presentation (2 results) (of which Int'l Joint Research: 2 results,  Invited: 1 results)

  • [Journal Article] Multi-object auction design beyond quasi-linearity: Leading examples2023

    • Author(s)
      Yu Zhou; Shigehiro Serizawa
    • Journal Title

      Games and Economic Behavior

      Volume: 140 Pages: 210-228

    • DOI

      10.1016/j.geb.2023.03.011

    • NAID

      40022515556

    • Related Report
      2022 Research-status Report
    • Peer Reviewed / Open Access
  • [Presentation] Minimum price equilibrium in the assignment market: The Serial Vickrey mechanism2023

    • Author(s)
      Yu Zhou
    • Organizer
      Econometric Society
    • Related Report
      2023 Research-status Report
    • Int'l Joint Research / Invited
  • [Presentation] School Choice with Crowding2022

    • Author(s)
      Yu Zhou
    • Organizer
      The 2022 Meeting of the Society for Social Choice and Welfare
    • Related Report
      2022 Research-status Report
    • Int'l Joint Research

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Published: 2022-04-19   Modified: 2024-12-25  

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