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- W2895863045 abstract "Abstract We empirically investigate the possibility that a decision maker prefers to avoid making a decision and instead delegates it to an external device, e.g., a coin flip. A large data set from the centralized clearinghouse for university admissions in Germany shows a choice pattern of applicants that is consistent with coin flipping and that entails substantial consequences for the matching outcome. In a series of experiments capturing the relevant features of university choice, participants often choose lotteries between allocations rather than certain allocations. This contradicts most theories of choice such as expected utility. A survey among university applicants links their choices to the experiments and confirms that the choice of random allocations is intentional" @default.
- W2895863045 created "2018-10-26" @default.
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- W2895863045 date "2018-11-01" @default.
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- W2895863045 title "Flipping a coin: Evidence from university applications" @default.
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- W2895863045 doi "https://doi.org/10.1016/j.jpubeco.2018.09.014" @default.
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