Gradual Matching with Affirmative Action

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Date
2024-5-14
Authors
Manocha, Kriti
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Turhan, Bertan
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Economics

The Department of Economic Science was founded in 1898 to teach economic theory as a truth of industrial life, and was very much concerned with applying economics to business and industry, particularly agriculture. Between 1910 and 1967 it showed the growing influence of other social studies, such as sociology, history, and political science. Today it encompasses the majors of Agricultural Business (preparing for agricultural finance and management), Business Economics, and Economics (for advanced studies in business or economics or for careers in financing, management, insurance, etc).

History
The Department of Economic Science was founded in 1898 under the Division of Industrial Science (later College of Liberal Arts and Sciences); it became co-directed by the Division of Agriculture in 1919. In 1910 it became the Department of Economics and Political Science. In 1913 it became the Department of Applied Economics and Social Science; in 1924 it became the Department of Economics, History, and Sociology; in 1931 it became the Department of Economics and Sociology. In 1967 it became the Department of Economics, and in 2007 it became co-directed by the Colleges of Agriculture and Life Sciences, Liberal Arts and Sciences, and Business.

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1898–present

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  • Department of Economic Science (1898–1910)
  • Department of Economics and Political Science (1910-1913)
  • Department of Applied Economics and Social Science (1913–1924)
  • Department of Economics, History and Sociology (1924–1931)
  • Department of Economics and Sociology (1931–1967)

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Abstract
Admissions to technical colleges in India feature a multi-period matching process and are subject to a complex affirmative action policy. At each period, an assignment is produced, and applicants decide whether to finalize their assignments or participate in the next period with the possibility of updating their submitted rank-ordered lists (ROLs). Building on Haeringer and Iehl´e (2021), we formulate a multi-period college admissions problem where institutions’ choice rules incorporate affirmative action restrictions and are updated consistently. We show that it is safe for applicants to participate in additional periods when their updating rule on ROLs satisfies a mild regularity condition. We also introduce a backward-looking notion of stability for multi-period matching mechanisms that consider affirmative action constraints. We use our results to analyze the multi-stage mechanism currently used in admissions to engineering colleges in India.
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JEL Codes: C78, D02, D47, I38
Length: 30 pages
Original Release Date: November 27, 2023
Revision: May 14, 2024
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