An Empirical Analysis of College Admissions with Endogenous Entrance Exam Scores

摘要: This paper develops a method for identifying and estimating student preferences in centralized matching mechanisms when students are ranked by exam scores. In these mechanisms, scores contain important information inferring students' heterogeneous because have incentives to adjust their effort level obtain score that maximizes total gain the admission process. I show ignoring embedded causes biased estimates Turkey, where there is empirical evidence respond preparation incentives. discuss objectives of suggest relevant policies increase welfare.