Results 1 to 10 of about 72,464 (48)

Data, Competition, and Digital Platforms [PDF]

Social Science Research Network, 2023
A monopolist platform uses data to match heterogeneous consumers with multiproduct sellers. The consumers can purchase the products on the platform or search off the platform.
D. Bergemann, A. Bonatti
semanticscholar   +1 more source

Matching Mechanisms for Refugee Resettlement

The American Economic Review, 2023
Current refugee resettlement processes account for neither the preferences of refugees nor the priorities of hosting communities. We introduce a new framework for matching with multidimensional knapsack constraints that captures the (possibly ...
David Delacrétaz, S. Kominers, A. Teytelboym   +2 more
semanticscholar   +1 more source

The hidden costs of control

, 2006
We analyze the consequences of control on motivation in an experimental principalagent game, where the principal can control the agent by implementing a minimum performance requirement before the agent chooses a productive activity. Our results show that
A. Falk, M. Kosfeld
semanticscholar   +1 more source

Persistent Overconfidence and Biased Memory: Evidence from Managers

The American Economic Review, 2022
A long-standing puzzle is how overconfidence can persist in settings characterized by repeated feedback. This paper studies managers who participate repeatedly in a high-powered tournament incentive system, learning relative performance each time.
David Huffman, Collin Raymond, J. Shvets
semanticscholar   +1 more source

Enabling or Limiting Cognitive Flexibility? Evidence of Demand for Moral Commitment

The American Economic Review, 2023
Moral behavior is more prevalent when individuals cannot easily distort their beliefs self-servingly. Do individuals seek to limit or enable their ability to distort beliefs? How do these choices affect behavior?
Silvia Saccardo, Marta Serra-Garcia
semanticscholar   +1 more source

The Good News-Bad News Effect: Asymmetric Processing of Objective Information about Yourself

, 2011
We study processing and acquisition of objective information regarding qualities that people care about, intelligence and beauty. Subjects receiving negative feedback did not respect the strength of these signals, were far less predictable in their ...
David Eil, Justin M. Rao
semanticscholar   +1 more source

Personalized Pricing and Competition

The American Economic Review
We study personalized pricing in a general oligopoly model. The impact of personalized pricing relative to uniform pricing hinges on the degree of market coverage.
Andrew Rhodes, Jidong Zhou
semanticscholar   +1 more source

Raising the Bar: Certification Thresholds and Market Outcomes

American Economic Journal: Microeconomics, 2023
Certification of sellers by trusted third parties helps alleviate information asymmetries in markets, yet little is known about the impact of a certification’s threshold on market outcomes.
Xiang Hui, M. Saeedi, G. Spagnolo, S. Tadelis   +3 more
semanticscholar   +1 more source

Migrants at Sea: Unintended Consequences of Search and Rescue Operations

Social Science Research Network
Many countries are facing and resisting strong migratory pressure, fueling irregular migration. In response to mounting deaths in the Central Mediterranean, European nations intensified rescue operations in 2013. We develop a model of irregular migration
C. Deiana, Vikram Maheshri, G. Mastrobuoni   +2 more
semanticscholar   +1 more source

Forward Guidance without Common Knowledge

The American Economic Review, 2018
How does the economy respond to news about future policies or future fundamentals? Standard practice assumes that agents have common knowledge of such news and face no uncertainty about how others will respond.
G. Angeletos, C. Lian
semanticscholar   +1 more source