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DC Public and Public Charter Schools
Reply to "The downside of the DC school lottery "
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[quote=Anonymous]The system the OP is describing is (I think) pretty close to what DC used to do when each school ran its own lottery. it was a mess. The biggest issue from an economics point of view is that it led to a situation where there could have been a lot of mutually beneficial trades -- which means it was inefficient at allocating a scarce resource. For example under the old system it was entirely possible for the following scenario to take place: KidA gets into MV and has a bad waitlist number for IT, his parents prefer IT KidB gets into IT and has a bad waitlist number for MV, his parents prefer MV Under the new system, that won't happen because the parents will rank their choices and if KidA has a good number, he will rank IT first and get in there. KidB would get into MV with a good number. [/quote]
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