How Well Do Structural Demand Models Work? Counterfactual Predictions in School Choice
---- Acknowledgments ----
We thank Boston Mayor Thomas Menino and Boston Public School Superintendent Carol Johnson for authorizing this study. Boston Public Schools staff, including Kamal Chavda, Tim Nicolette, Peter Sloan, Kim Rice, and Jack Yessayan, provided essential help. We are grateful to our discussant Liran Einav for comments inspiring Section 7, Josh Angrist, Dan McFadden and Ariel Pakes for encouragement, and participants at the McFadden 80th Birthday conference and the NBER Market Design conference for input. We also thank Nikhil Agarwal, Isaiah Andrews, Steve Berry, Glenn Ellison, Drew Fudenberg, Adam Kapor, Patrick Kline, and Michael Whinston for feedback. Financial support is from the National Science Foundation under grant SES-1426566 and the W.T. Grant Foundation. Pathak is on the scientific advisory board of the Institute for Innovation in Public School Choice. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.