{"title":"Dynamic matching in campus placements: The benefits and affordability of the dream option","authors":"Ashutosh Ranjan , Sujit Gujar , Vinay Ramani","doi":"10.1016/j.iimb.2022.08.001","DOIUrl":null,"url":null,"abstract":"<div><p>We propose a new approach to improving student outcomes - the provision of the dream option that allows a student with a job offer to participate in the placement process again. Comparing three different student preference structures, we show that the dream option improves stability; however, it does not always improve student happiness and rank efficiency. Nevertheless, imposing a particular structure on student preferences, namely the sequential preference condition, improves both student happiness and rank efficiency. We recommend when to use the dream option and when not to use it.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"34 3","pages":"Pages 262-277"},"PeriodicalIF":1.7000,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0970389622000520/pdfft?md5=2475fcd99119ee69e67e93bb2f374f3e&pid=1-s2.0-S0970389622000520-main.pdf","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"IIMB Management Review","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0970389622000520","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 1
Abstract
We propose a new approach to improving student outcomes - the provision of the dream option that allows a student with a job offer to participate in the placement process again. Comparing three different student preference structures, we show that the dream option improves stability; however, it does not always improve student happiness and rank efficiency. Nevertheless, imposing a particular structure on student preferences, namely the sequential preference condition, improves both student happiness and rank efficiency. We recommend when to use the dream option and when not to use it.
期刊介绍:
IIMB Management Review (IMR) is a quarterly journal brought out by the Indian Institute of Management Bangalore. Addressed to management practitioners, researchers and academics, IMR aims to engage rigorously with practices, concepts and ideas in the field of management, with an emphasis on providing managerial insights, in a reader friendly format. To this end IMR invites manuscripts that provide novel managerial insights in any of the core business functions. The manuscript should be rigorous, that is, the findings should be supported by either empirical data or a well-justified theoretical model, and well written. While these two requirements are necessary for acceptance, they do not guarantee acceptance. The sole criterion for publication is contribution to the extant management literature.Although all manuscripts are welcome, our special emphasis is on papers that focus on emerging economies throughout the world. Such papers may either improve our understanding of markets in such economies through novel analyses or build models by taking into account the special characteristics of such economies to provide guidance to managers.