Results 1 to 10 of about 81,718 (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

Can Technology Solve the Principal-Agent Problem? Evidence from China’s War on Air Pollution

Social Science Research Network, 2020
We examine the introduction of automatic air pollution monitoring to counter suspected tampering at the local level, a central feature of China’s “war on pollution.” Exploiting 654 regression discontinuity designs based on city-level variation in the day
M. Greenstone, Guojun He, Ruixue Jia, Tong Liu   +3 more
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

Willingness to Pay for Carbon Mitigation: Field Evidence from the Market for Carbon Offsets

Social Science Research Network
This paper estimates willingness to pay (WTP) for carbon mitigation from demand for carbon offsets in a field experiment with an online supermarket. The experiment randomizes whether the firm subsidizes the price of the offset or matches the offset’s ...
Matthias Rodemeier
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

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

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, Chen Lian
semanticscholar   +1 more source

A Theory of Dynamic Inflation Targets

Social Science Research Network
Should central banks’ inflation targets remain set in stone? We study a dynamic mechanism design problem between a government and a central bank. The central bank has persistent private information about structural shocks.
C. Clayton, A. Schaab
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

Should They Compete or Should They Cooperate? The View of Agency Theory

Journal of Economic Literature
What is the most efficient way of designing incentives in an organization? Over the past five decades, agency theory has provided various answers to this crucial question.
Pierre Fleckinger, D. Martimort, N. Roux
semanticscholar   +1 more source