منابع مشابه
A theory of school-choice lotteries
We introduce a new notion of ex ante stability (or fairness) that would be desirable for a school-choice mechanism to satisfy. Our criterion stipulates that a mechanism must be stable based solely on the probabilities that each student will be assigned to different schools, i.e., the assignment must be viewed as stable even before students know which school they will end up going to. This is in...
متن کاملUsing School Choice Lotteries to Test Measures of School Effectiveness
The measurement of school effectiveness is a central feature of educational accountability policies in all 50 US states and around the world. While school accountability measures are often based on test score levels (e.g., percent proficient), critics argue that test score gains are a fairer way to judge schools’ contributions to student achievement (e.g., Ladd and Walsh 2002, Ryan 2004). Such ...
متن کاملA Subjective Theory of Compound Lotteries†
We develop a Savage-type model of choice under uncertainty in which agents identify uncertain prospects with subjective compound lotteries. Our theory permits issue preference; that is, agents may not be indifferent among gambles that yield the same probability distribution if they depend on different issues. Hence, we establish subjective foundations for the Anscombe-Aumann framework and other...
متن کاملA theory of subjective compound lotteries
We develop a Savage-type model of choice under uncertainty in which agents identify uncertain prospects with subjective compound lotteries. Our theory permits issue preference; that is, agents may not be indifferent among gambles that yield the same probability distribution if they depend on different issues. Hence, we establish subjective foundations for the Anscombe-Aumann framework and other...
متن کاملNber Working Paper Series the Effect of School Choice on Student Outcomes: Evidence from Randomized Lotteries
School choice has become an increasingly prominent strategy for urban school districts seeking to enhance academic achievement. Evaluating the impact of such programs is complicated by the fact that a highly select sample of students takes advantage of these programs. To overcome this difficulty, we exploit randomized lotteries that determine high school admission in the Chicago Public Schools....
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ژورنال
عنوان ژورنال: Theoretical Economics
سال: 2015
ISSN: 1933-6837
DOI: 10.3982/te1558