Matching and Disclosure

on YouTube ↗32m

" summary

Builds a matching model with pre-match costly information and voluntary versus mandatory disclosure, solves for Perfect Bayesian equilibria with stable matching, MLRP-type signals and possible multiple thresholds; proves more investment under voluntary than mandatory, shows disclosure mass is ambiguous but higher for low or high costs, uses the Karlin variation-diminishing property to pin down who gains, and derives a clean single-crossing welfare result in a two-quality college case with implications for SAT-optional outcomes.

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" chapters (8)

1. 0:00Matching and disclosure intro
2. 2:31Model setup: investment and disclosure
3. 9:51Equilibrium analysis and thresholds
4. 15:19Voluntary vs mandatory disclosure
5. 19:18Who benefits from disclosure
6. 28:18Model applied to SAT policies
7. 30:09Summary and future research
8. 30:33Q&A on assumptions