Ryan Tierney, SDU

"School Finance, Peers, and Choice"

Abstract

When a student attends a school, she shares educational resources with her peers. These resources are the physical and human capital at the school, as well as funding given by the district. Funding can depend on who is matched to the school. For example, in California, a supplemental grant is provided for each high-need student a school enrolls. Funding can also be individual, e.g., a voucher. Motivated by these policies, we consider the school choice with funding problem. Each student has preferences over schools and resource levels. Each school's funding is endogenously determined by the match, containing as special cases the policies above. We propose solution concepts, establish existence and fairness, and show that the resulting mechanism is incentive compatible.

Contact person: Egor Starkov