Sunday, December 7, 2014

Game Theory in NY Schools

One thing I like to do is to connect what we are studying to the real world.  So that is why this article from the NYTimes is so great as it deftly explains game theory and matching students to select schools in the NY public schools.  The first year, for example, it was used in 2004, the number of unmatched students went from 31,000 to 3000.   The school system used several well known economists including a Nobel Prize winner to do the trick and created an algorithm to help. 

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