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Top of the Batch: Interviews and the Match

Author

Listed:
  • Federico Echenique

    (Caltech)

  • Ruy Gonzalez

    (Caltech)

  • Alistair J Wilson

    (University of Pittsburgh)

  • Leeat Yariv

    (Princeton University, CEPR, and NBER)

Abstract

Most doctors in the NRMP match with one of their most-preferred internship pro-grams. However, surveys indicate doctors’ preferences are similar, suggesting a puzzle:how can so many doctors match with their top choices when positions are scarce? We provide one possible explanation. We show that the patterns in the NRMP data may bean artifact of the interview process that precedes the match. Our study highlights the importance of understanding market interactions occurring before and after a matching clearinghouse, and casts doubts on analyses of clearinghouses that take reported preferences at face value.

Suggested Citation

  • Federico Echenique & Ruy Gonzalez & Alistair J Wilson & Leeat Yariv, 2020. "Top of the Batch: Interviews and the Match," Working Papers 271, Princeton University, Department of Economics, Center for Economic Policy Studies..
    • Handle: RePEc:pri:cepsud:271
    as

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    File URL: http://lyariv.mycpanel.princeton.edu//papers/MatchInterviews.pdf
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    References listed on IDEAS

    as
    1. Tamás Fleiner, 2003. "A Fixed-Point Approach to Stable Matchings and Some Applications," Mathematics of Operations Research, INFORMS, vol. 28(1), pages 103-126, February.
    2. repec:oup:restud:v:84:y::i:1:p:444-463. is not listed on IDEAS
    3. Charles Blair, 1988. "The Lattice Structure of the Set of Stable Matchings with Multiple Partners," Mathematics of Operations Research, INFORMS, vol. 13(4), pages 619-628, November.
    4. , & ,, 2006. "A theory of stability in many-to-many matching markets," Theoretical Economics, Econometric Society, vol. 1(2), pages 233-273, June.
    5. Nikhil Agarwal, 2015. "An Empirical Model of the Medical Match," American Economic Review, American Economic Association, vol. 105(7), pages 1939-1978, July.
    6. Avinatan Hassidim & Déborah Marciano & Assaf Romm & Ran I. Shorrer, 2017. "The Mechanism Is Truthful, Why Aren't You?," American Economic Review, American Economic Association, vol. 107(5), pages 220-224, May.
    7. Li Chen & Juan Sebastian Pereyra Barreiro, 2015. "Self-Selection in School Choice," Working Papers ECARES ECARES 2015-52, ULB -- Universite Libre de Bruxelles.
    8. Elliott Peranson & Alvin E. Roth, 1999. "The Redesign of the Matching Market for American Physicians: Some Engineering Aspects of Economic Design," American Economic Review, American Economic Association, vol. 89(4), pages 748-780, September.
    9. Rees-Jones, Alex, 2018. "Suboptimal behavior in strategy-proof mechanisms: Evidence from the residency match," Games and Economic Behavior, Elsevier, vol. 108(C), pages 317-330.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Maxwell Allman & Itai Ashlagi, 2023. "Interviewing Matching in Random Markets," Papers 2305.11350, arXiv.org, revised Sep 2023.
    2. Yash Kanoria & Seungki Min & Pengyu Qian, 2020. "The Competition for Partners in Matching Markets," Papers 2006.14653, arXiv.org, revised Jan 2023.
    3. Maxey, Tyler, 2024. "School choice with costly information acquisition," Games and Economic Behavior, Elsevier, vol. 143(C), pages 248-268.

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    More about this item

    Keywords

    NRMP; Deferred acceptance; Interviews; First-rank matches; National Resident Matching Program; United States;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations

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