arXiv subjects

Claudia Cerrone

Publications and source records attributed to Claudia Cerrone.

3 recordsLinked to original sources

arXiv2026

School Choice with Appeals

Roughly fifty thousand families in England appeal their school assignments each year through a centralized and understudied procedure that improves the placement of about one in five claimants. This paper shows that appeals are not an institutional afterthought: they change how parents report preferences to the education authority and the quality of placements it generates. Once the appeal stage is incorporated, Immediate Acceptance (IA) becomes less manipulable and can support equilibrium outcomes that Pareto dominate those of Deferred Acceptance (DA) under truth-telling, reversing the DA-IA welfare comparison. In a preregistered experiment, we find results consistent with the theoretical predictions: appeals increase truth-telling in IA, leaving DA essentially unchanged, and widen the IA-DA efficiency gap. Around 60% of the IA efficiency gain appears before any appeal is upheld, because subjects anticipating the possibility of a potential appeal rank schools differently.

econ.TH↗

arXiv2025

Can the decoy effect increase cooperation in networks? An experiment

This paper investigates whether the decoy effect - specifically the attraction effect - can foster cooperation in social networks. In a lab experiment, we show that introducing a dominated option increases the selection of the target choice, especially in early decisions. The effect is stronger in individual settings but persists in networks despite free-riding incentives, with variation depending on the decision-maker's strategic position.

econ.GN↗

arXiv2021

Ignorance is Bliss: A Game of Regret

An individual can only experience regret if she learns about an unchosen alternative. In many situations, learning about an unchosen alternative is possible only if someone else chose it. We develop a model where the ex-post information available to each regret averse individual depends both on their own choice and on the choices of others, as others can reveal ex-post information about what might have been. This implies that what appears to be a series of isolated single-person decision problems is in fact a rich multi-player behavioural game, the regret game, where the psychological payoffs that depend on ex-post information are interconnected. For an open set of parameters, the regret game is a coordination game with multiple equilibria, despite the fact that all individuals possess a uniquely optimal choice in isolation. We experimentally test this prediction and find support for it.

econ.TH↗