Results 11 to 20 of about 74,567 (47)
Data, Competition, and Digital Platforms [PDF]
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
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 +2 more
semanticscholar +1 more source
Can Technology Solve the Principal-Agent Problem? Evidence from China's War on Air Pollution
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 +3 more
semanticscholar +1 more source
Willingness to Pay for Carbon Mitigation: Field Evidence from the Market for Carbon Offsets
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
Persistent Overconfidence and Biased Memory: Evidence from Managers
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
Personalized Pricing and Competition
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
Forward Guidance without Common Knowledge
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
A Theory of Dynamic Inflation Targets
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
Beyond Truth-Telling: Preference Estimation with Centralized School Choice and College Admissions
We propose novel approaches to estimating student preferences with data from matching mechanisms, especially the Gale-Shapley deferred acceptance. Even if the mechanism is strategy-proof, assuming that students truthfully rank schools in applications may
Gabrielle Fack +2 more
semanticscholar +1 more source
Asymmetric Information and Imperfect Competition in Lending Markets
We study the effects of asymmetric information and imperfect competition in the market for small business lines of credit. We estimate a structural model of credit demand, loan use, pricing, and firm default using matched firm-bank data from Italy.
Gregory S. Crawford +2 more
semanticscholar +1 more source

