An exploration in school formation: income vs. abilityAlkan, Ahmet and Anbarcı, Nejat and Sarpca, Sinan (2012) An exploration in school formation: income vs. ability. Economics Letters, 117 (2). pp. 500-504. ISSN 0165-1765 This is the latest version of this item. Full text not available from this repository. Official URL: http://dx.doi.org/10.1016/j.econlet.2012.06.048 AbstractWe study stable school formation among four students that differ in ability and income. In the presence of ability complementarities and school costs to be shared, we identify the conditions under which a stable allocation is efficient, inefficient, nonexistent, and tell who become peers.
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