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Empowering Women Farmers for Sustainable Agriculture in the EU - Imre Fertő - Štefan Bojnec Read more

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Values and subjective well-being of European entrepreneurs - new research article by Ákos Bodor, Zoltán Grünhut and co-authors Read more

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Trade-offs and synergies when balancing economic growth and globalization for sustainable development goals achievement Read more

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Women are underconfident and men are overconfident - new research article by Anna Adamecz Read more

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KTI seminar: Ran Shorrer – Hedging in the College Application Problem

The presentation will take place in a hybrid format via zoom interface or in person in the room K.0.11-12 on 10.10.2024, from 11.30 to 12.30.

Speaker: Ran Shorrer

Title: Hedging in the College Application Problem

Abstract: An applicant applies to a portfolio of colleges while being uncertain about her prospects. Admissions decisions are correlated insofar as rejection from one college makes her pessimistic about her odds at other colleges. We develop a simultaneous search framework that accounts for this correlation. An applicant hedges by applying to a broad range of colleges, including safety schools. Those who have more confidence or better outside options apply to higher-ranked schools. If application costs decrease, the applicant broadens her optimal portfolio. We find an algorithm that yields the optimal solution in polynomial time.