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How value chains can boost sustainable development in Europe’s mountain regions - By Kirsty Blackstock and Gusztáv Nemes Read more

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Immigrant–native pay gap driven by lack of access to high-paying jobs - co-authored study by István Boza published in Nature Read more

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Understanding Syrian Migration in Syria Normalisation, Return and Reintegration - new research article by Erzsébet N. Rózsa and co-authors in Mediterranean Politics Read more

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Artificial Intelligence for Agricultural Extension: Supporting Transformative 
Learning Among 
Smallholder Farmers - new research article by Gusztáv Nemes and co-authors 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.

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