Graduate admission with financial support

B-Tier
Journal: Journal of Mathematical Economics
Year: 2020
Volume: 87
Issue: C
Pages: 114-127

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We formulate a graduate admission problem, which features different financial support options, in a matching with contracts setting. We introduce an algorithm, called “Minimum-Need Adjusted Cumulative Offer Process” (MCOP). Under certain mild assumptions on students’ preferences, MCOP is stable, fair, strategy-proof, and respects improvements. Moreover, it limitedly respects departments’ minimum number of teaching and research assistant (TA/RA) needs in the sense that no other stable mechanism honors those needs more than MCOP. It is also efficient within the class of stable mechanisms that limitedly respect the TA/RA needs. Lastly, we offer an axiomatic characterization: A mechanism is stable and strategy-proof, and limitedly respects the TA/RA needs if and only if it is MCOP.

Technical Details

RePEc Handle
repec:eee:mateco:v:87:y:2020:i:c:p:114-127
Journal Field
Theory
Author Count
1
Added to Database
2026-01-24