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Remarks on the rural development of the cultural and creative industries in North-Western Hungary - by Petra Kinga Kézai Read more

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Demographic Transformation, Eroding Social Capital and Segregation on Outskirt Areas of Hungarian Cities - article by Gábor Vasárus, Ádám Szalai & József Lennert Read more

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Battle of the Batteries: Chinese EV Investments and the Issue of Local Content Requirements - article by Ágnes Szunomár Read more

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Round-Tripping Foreign Direct Investment: Why It Matters and What Can Be Done - by Magdolna Sass and Imre Fertő 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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