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TIME: August 4, 5
8/4 (3~6 p.m.), 8/5 (3~5 p.m.)
VENUE : Room 201, Daewoo Hall, College of Business and Economics
Abstract:
School Choice is an integral part of market design, which is an emerging field in Economics. By its nature, market design differs from mechanism design. Therefore it requires a new approach and it provides new research opportunities. My lecture on School Choice aims to highlight those differences, how to deal with the new hallenges those differences bring in, and the opportunities market design provides. In the first part, I introduce the School Choice problem in its historical context and provide a theoretical framework. Then I discuss how School Choice differs from the problems studied earlier in the theory of matching. I discuss how that difference requires a new theory and how it reshapes a debate in School Choice. I further discuss how new theory can be used to guide empirical work and market design. I discuss how an industrial organization approach could be fruitful in understanding the market outcomes in School Choice. Finally, I discuss how algorithmic approaches could beneficially be utilized in solving problems encountered in school choice programs.
WCU Director: Yeon-Koo Che (Columbia University)
WCU Local Director: Jinwoo Kim (Yonsei University)
BK Director: Jihong Lee (Yonsei University)
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