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The algorithm for the Match actually came from an algorithm used by Jewish matchmakers…I think the alternative is actually worse than a multicar MVC. More like a multicar MVC that occurred because of the preceding train wreck into the dumpster fire.
The old system didn't work well for anyone. Stellar applicant? Well, unless your #1 Harvard promised you that spot ahead of time (and you got it in writing), if #2 UCSF offers you an acceptance and you have two weeks to accept, but your Harvard interview is in three weeks, then you either take your #2 spot at UCSF or you roll the dice by declining them and see what Harvard says...
And visa-versa for stellar programs trying to get stellar applicants.
Now repeat x30,000, or however many applicants there are per year. Imagine just the amount of time all that correspondence/coordination takes. And how many broken hearts results because of subpar matches. Some programs and/or applicants got lucky, but ultimately more people/programs ended up more miserable than they could've been with the Match.
The Match is the least worst system we'll get. It essentially optimizes everyone's happiness (favoring the applicants though). Not happy with your Match? Well, odds are even higher you'd be even more unhappy with the old system.
The Match should really be considered more for college applications in general.
Maybe for arranged marriages as well?