Redesigning the US Army's Branching Process: A Case Study in Minimalist Market Design /

We present the proof-of-concept for minimalist market design (Sönmez, 2023) as an effective methodology to enhance an institution based on the desiderata of stakeholders with minimal interference. Four objectives - respecting merit, increasing retention, aligning talent, and enhancing trust - guide...

Ausführliche Beschreibung

1. Verfasser:

Greenberg, Kyle

Körperschaft:

National Bureau of Economic Research

Weitere Verfasser:

Pathak, Parag A., Sönmez, Tayfun

Format:

Elektronisch E-Book

Sprache:

Englisch

Veröffentlicht:

Cambridge, Mass. National Bureau of Economic Research 2021.

Zusammenfassung:

We present the proof-of-concept for minimalist market design (Sönmez, 2023) as an effective methodology to enhance an institution based on the desiderata of stakeholders with minimal interference. Four objectives - respecting merit, increasing retention, aligning talent, and enhancing trust - guided reforms to US Army's centralized branching process of cadets to military specialties since 2006. USMA's mechanism for the Class of 2020 exacerbated challenges implementing these objectives. Formulating the Army's desiderata as rigorous axioms, we analyze their implications. Under our minimalist approach to institution redesign, the Army's objectives uniquely identify a branching mechanism. Our design is now adopted at USMA and ROTC.

Umfang:

1 online resource: illustrations (black and white);

Anmerkungen:

June 2021.

Schlagworte:

Market Design