Matching mechanism developed by TI Fellows
TI fellows Pieter Gautier, Bas van der Klaauw and Hessel Oosterbeek developed a new matching mechanism for the candidates of the Physician training institute in the Netherlands.
The new system that the researchers proposed, is based on the Random serial dictatorship mechanism with build in incentives for candidates to name as many places as possible. The Physician training institute will implement this system in April 2015.
Earlier this year, fellows Gautier, van der Klaauw and Oosterbeek (with Monique de Haan, University of Bergen, Norway) developed a similar matching mechanism for the association of high schools in Amsterdam. These examples illustrate how game theory and econometrics can be used to advise policy makers in reaching a better allocation.