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Dataset for "Matching in the large: An experimental study"

Version
V0
Resource Type
Dataset : experimental data
Creator
  • Chen, Yan (School of Information, University of Michigan)
  • Jiang, Ming (Antai College of Economics and Management, Shanghai Jiao Tong University)
  • Kesten, Onur (Tepper School of Business, Carnegie Mellon University)
  • Robin, Stéphane (Université de Lyon, CNRS)
  • Zhu, Min (School of Business, Beijing Normal University)
Publication Date
2020-09-07
Funding Reference
  • National Science Foundation
    • Award Number: SES-0962492
  • Agence Nationale de la Recherche
    • Award Number: ANR-13-BSHS1-0010
  • National Natural Science Foundation of China
    • Award Number: 71704013
  • ANR
    • Award Number: ANR-11-IDEX-007
  • Shanghai Pujiang Program
    • Award Number: 17PJC059
Free Keywords
matching; experiment; school choice; scale
Description
  • Abstract

    We compare the performance of the Boston Immediate Acceptance (IA) and Gale--Shapley Deferred Acceptance (DA) mechanisms in a laboratory setting where we increase the number of participants per match. In our experiment, we first increase the number of students per match from 4 to 40; when we do so, participant truth-telling increases under DA but decreases under IA, leading to a decrease in efficiency under both mechanisms. Furthermore, we find that DA remains more stable than IA, regardless of scale. We then further increase the number of participants per match to 4,000 through the introduction of robots. When robots report their preferences truthfully, we find that scale has no effect on human best response behavior. By contrast, when we program the robots to draw their strategies from the distribution of empirical human strategies, we find that our increase in scale increases human ex-post best responses under both mechanisms.
Temporal Coverage
  • 2012-05-30 / 2012-07-03
    Time Period: Wed May 30 00:00:00 EDT 2012--Tue Jul 03 00:00:00 EDT 2012
  • 2013-05-06 / 2013-05-12
    Time Period: Mon May 06 00:00:00 EDT 2013--Sun May 12 00:00:00 EDT 2013
  • 2012-05-30 / 2012-07-03
    Collection Date(s): Wed May 30 00:00:00 EDT 2012--Tue Jul 03 00:00:00 EDT 2012
  • 2013-05-06 / 2013-05-12
    Collection Date(s): Mon May 06 00:00:00 EDT 2013--Sun May 12 00:00:00 EDT 2013
Geographic Coverage
  • Beijing, China
Sampled Universe
College students in Beijing, China.
Collection Mode
  • All sessions are conducted in Chinese at the Experiment Economics Laboratory and the Finance Simulation Laboratory at Beijing Normal University between June 2012 and May 2013. The subjects are students from Beijing Normal University and the Beijing University of Posts and Telecommunications. No subject participates more than once. We conduct 12 independent sessions for the all-human treatments and 320 independent observations for the human–robot treatments, with a total of 736 subjects. The exchange rate is 5 experiment points for 1 RMB for all sessions. Each subject also receives a participation fee of 5 RMB. The average earning (including participation fee) is 63.8 RMB.

Availability
Download
This study is freely available to the general public via web download.
Relations
  • Has version
    DOI: 10.3886/E103521V1

Update Metadata: 2020-09-07 | Issue Number: 1 | Registration Date: 2020-09-07

Chen, Yan; Jiang, Ming; Kesten, Onur; Robin, Stéphane; Zhu, Min (2020): Dataset for "Matching in the large: An experimental study". Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E103521