Competing by restricting choice: The case of matching platforms

H Halaburda, M Jan Piskorski… - Management …, 2018 - pubsonline.informs.org
We show that a two-sided matching platform can successfully compete by limiting the
number of choices it offers to its customers, while charging higher prices than platforms with …

The theory of assortative matching based on costly signals

HC Hoppe, B Moldovanu, A Sela - The Review of Economic …, 2009 - academic.oup.com
We study two-sided markets with a finite number of agents on each side, and with two-sided
incomplete information. Agents are matched assortatively on the basis of costly signals …

Many‐to‐many matching and price discrimination

R Gomes, A Pavan - Theoretical Economics, 2016 - Wiley Online Library
We study centralized many‐to‐many matching in markets where agents have private
information about (vertical) characteristics that determine match values. Our analysis reveals …

What money canʼt buy: Efficient mechanism design with costly signals

D Condorelli - Games and Economic Behavior, 2012 - Elsevier
I study the ex-ante efficient allocation of a set of quality-heterogeneous objects to a number
of heterogeneous risk-neutral agents. Agents have independent private values, which …

Optimal Insurance: Dual Utility, Random Losses, and Adverse Selection

A Gershkov, B Moldovanu, P Strack… - American Economic …, 2023 - aeaweb.org
We study a generalization of the classical monopoly insurance problem under adverse
selection (see Stiglitz 1977) where we allow for a random distribution of losses, possibly …

Monopolistic signal provision

L Rayo - The BE Journal of Theoretical Economics, 2013 - degruyter.com
I study a monopolist who sells a signal to a consumer with a hidden type. The consumer
uses this signal to obtain social status, defined as the expectation of the consumer's type …

[PDF][PDF] Posted prices vs. negotiations: an asymptotic analysis.

L Blumrosen, T Holenstein - EC, 2008 - Citeseer
We consider two alternatives to optimal auctions: posted-price mechanisms and dynamic
auctions. In posted-price mechanisms, the seller posts a single price and sells the item at …

Regular type distributions in mechanism design and-concavity

C Ewerhart - Economic Theory, 2013 - Springer
Some of the best-known results in mechanism design depend critically on Myerson's (Math
Oper Res 6: 58–73, 1981) regularity condition. For example, the second-price auction with …

Pareto improvements in the contest for college admissions

K Krishna, S Lychagin, W Olszewski, R Siegel… - 2022 - nber.org
College admissions in many countries are based on a centrally administered test. Applicants
invest a great deal of resources to improve their performance on the test, and there is …

A game theoretic approach to multimodal communication

AJ Wilson, M Dean, JP Higham - Behavioral Ecology and Sociobiology, 2013 - Springer
Over the last few decades the animal communication community has become increasingly
aware that much communication occurs using multiple signals in multiple modalities. The …