We show how frictions and continuous transfers jointly affect equilibria in a model of
matching in trading networks. Our model incorporates distortionary frictions such as …

Studying job matching in a Kelso-Crawford framework, we consider arbitrary constraints
imposed on sets of doctors that a hospital can hire. We characterize all constraints that …

Purpose This paper aims to analyze the impact of the cost coefficient of product emission
reduction, coefficient of low-carbon product advertising effort cost, and sharing ratio of low …

The paper considers a matching with contracts model in the presence of price controls. The
model contains two important streams in the matching literature, those with and those …

Product endorsement is employed by many firms and most studies have proceeded based
on management perspectives and ignored the strategic effects (or indirect effects). However …

We develop a quality competition model to understand how price controls affect market
outcomes in buyer-seller markets with discrete goods of varying quality. While competitive …

Several heterogeneous items are to be sold to a group of potentially budgetconstrained
bidders. Every bidder has private knowledge of his own valuation of the items and his own …

The tick size in a financial market is the minimum allowable difference between ask and bid
prices. By the rules of each exchange, no transactions can occur within the tick interval. The …

Indivisibilities and budget constraints are pervasive features of many matching markets. But
when taken together, these features typically cause failures of gross substitutability—a …

We introduce the notion of expectational equilibrium in a general specification of the many-
to-one matching with contracts model. The endogenous variables in an expectational …