School Choice and the Housing Market
Review of Economic Studies
2026
open access
Abstract I develop a unified theoretical framework with schools and residential choices to study the welfare consequences of public schools’ switching from the traditional neighbourhood assignment to the deferred acceptance mechanism. I find that when families receive higher priorities at neighbourhood schools, the deferred acceptance mechanism creates higher aggregate or utilitarian welfare than neighbourhood assignment. Under a common school ranking assumption, I also show that the deferred acceptance creates higher aggregate welfare with neighbourhood priorities than without them.
- DOI
- 10.1093/restud/rdag065
- Language
- en
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