Understanding preference formation in a matching market

We analyze the role of formal and informal information gathering in students' preference formation. We analyzed this role in the college admission process using Spanish individual data. We introduce students' risk aversion and information costs on the standard college admission problem. Then, we model the students' list formation as a two-stage procedure. In first stage, students must decide whether they gather information or not about a college. In the second stage, they give their preferred list to the matching office. The observed changes in preferences suggest that information gathering is important in the last two months of the process and that students with less ex-ante information are more affected by these changes

Can we measure hospital quality from physicians' choices?

In this paper, we propose an alternative methodology for ranking hospitals based on the choices of Medical School graduates over hospital training vacancies. Our methodology is therefore a revealed preference approach. Our methodology for measuring relative hospital quality has the following desirable properties: a) robust to manipulation from hospital administrators; b) conditional on having enough observations, it allows for differences in quality across specialties within a hospital; c) inexpensive in terms of data requirements, d) not subject to selection bias from patients nor hospital screening of patients; and e) unlike other rankings based on experts' evaluations, it does not require physicians to provide a complete ranking of all hospitals. We apply our methodology to the Spanish case and find, among other results, the following: First, the probability of choosing the best hospital relative to the worst hospital is statistically significantly different from zero. Second, physicians value proximity and nearby hospitals are seen as more substitutable. Third, observable time-invariant city characteristics are unrelated to results. Finally, our estimates for physicians' hospital valuations are significantly correlated to more traditional hospital quality measures

A methodology to measure hospital quality using physicians' choices over training vacancies

In this paper, we propose an alternative methodology to rank hospitals based on the choices of Medical Schools graduates over training vacancies. We argue that our measure of relative hospital quality has the following desirable properties: a) robustness to manipulation from the hospital's administrators; b) comprehensiveness in the scope of the services analyzed; c) inexpensive in terms of data requirements, and d) not subject to selection biases. Accurate measures of health provider quality are needed in order to establish incentive mechanisms, to assess the need for quality improvement, or simply to increase market transparency and competition. Public report cards in certain US states and the NHS ranking system in the UK are two attempts at constructing quality rankings of health care providers. Although the need for such rankings is widely recognized, the criticisms at these attempts reveal the difficulties involved in this task. Most criticisms alert to the inadequate risk-adjustment and the potential for perverse consequences such as patient selection. The recent literature, using sophisticated econometric models is capable of controlling for case-mix, hospital and patient selection, and measurement error. The detailed data needed for these evaluations is, however, often unavailable to researchers. In those countries, such as Spain, where there is neither public hospital rankings nor public data on hospital output measures such as mortality rates our methodology is a valid alternative. We develop this methodology for the Spanish case. In a follow-up paper we will present results using Spanish data. In Spain graduates choose hospital training vacancies in a sequential manner that depends on their average grade. Our framework relies on three assumptions. First, high quality hospitals provide high quality training. Second, graduates are well informed decision makers who are well qualified to assess hospital quality. Third, they prefer to choose a high quality vacancy rather than a low quality one ceteris paribus. If these assumptions hold, then the first physicians to choose are likely to grab the best vacancies while the ones who choose last are stuck with the worst available. Thus, it is possible to infer from physicans' choices quality differentials amongst hospitals. We model the physician's decision as a nested-logit a la McFadden. Unlike in standard applications of McFadden's model, in our application the choice set is not constant across physicians but it shrinks along the sequential hospital choice proces

Rearrangement collisions between gold clusters

Collision processes between two gold clusters are investigated using classical molecular dynamics in combination with embedded atom (EA) potentials, after checking the reliability of EA results by contrasting them with first principles calculations. The Au projectiles considered are both single atoms (N=1) and clusters of N=2, 12, 13 and 14 atoms. The targets contain N= 12, 13 and 14 gold atoms. The initial projectile energy E is in the range 0 < E < 1.5 eV/atom. The results of the collision processes are described and analyzed in detail.Comment: LATeX file, 8 figures, uses svjour.cl

"Let the memories begin". The family photo album and contemporary Spanish autobiography

This article explores the interactions between photography and self-writing in contemporary Spanish autobiography. Through the analysis of autobiographies by Carmen Martín Gaite and Paloma Díaz-Mas, the presence of the family album is revealed as a structural device and as an essential constituent of a dialogue between image and word that transcends the boundaries of Spanish autobiographical writing towards the constitution of experimental hybrid texts, or «imagetext», according to the concept created by W. J. T. Mitchell.Publisher PDFPeer reviewe

Donde se forman las expediciones definitivas : El hombre perdido (1947) y las novelas de la nebulosa de Ramón Gómez de la Serna

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