Results 1 to 10 of about 18,674,094 (291)
Marketplaces, Markets, and Market Design [PDF]
American Economic Review, 2018 Marketplaces are often small parts of large markets, and both markets and marketplaces come in many varieties. Market design seeks to understand what marketplaces must accomplish to enable different kinds of markets. Marketplaces can have varying degrees of success, and there can be marketplace failures.
A. Roth
semanticscholar +5 more sources
SSRN Electronic Journal, 2010 This paper introduces three methodological advances to study the optimal design of static and dynamic markets. First, we apply a mechanism design approach to characterize all incentive-compatible market equilibria. Second, we conduct a normative analysis,
Boone, J., Goeree, J.K.
core +8 more sources
, 2006 Europe is liberalising electricity in accordance with the European Commission’s Electricity Directives. Different countries have responded differently, notably in the extent of restructuring, treatment of mergers, market power, and vertical unbundling ...
Newbery, David
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Dynamic Matching Market Design [PDF]
Proceedings of the fifteenth ACM conference on Economics and computation, 2014 We introduce a simple benchmark model of dynamic matching in networked markets, where agents arrive and depart stochastically and the network of acceptable transactions among agents forms a random graph.
Akbarpour, Mohammad +2 more
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Natural capital market design [PDF]
Oxford Review of Economic Policy, 2018 Renewable natural capital—terrestrial and marine ecosystems, fisheries, biodiversity, and fresh water—is in decline around the world, affecting the livelihoods of millions of people. Natural capital market design uses economic theory and analysis to develop practical solutions for maintaining, restoring, and improving natural capital.
A. Teytelboym
openaire +2 more sources
Market Research and Market Design [PDF]
Advances in Theoretical Economics, 2003 We study trading models when the distribution of signals such as costs or values is not known to traders or the mechanism designer when the profit-maximizing trading procedure is designed. We present adaptive mechanisms that simultaneously elicit this information (market research) while maintaining incentive compatibility and maximizing profits when ...
Rakesh Vohra, Sandeep Baliga
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Online Learning via Offline Greedy Algorithms: Applications in Market Design and Optimization [PDF]
ACM Conference on Economics and Computation, 2021 Motivated by online decision-making in time-varying combinatorial environments, we study the problem of transforming offline algorithms to their online counterparts.
Rad Niazadeh +4 more
semanticscholar +1 more source
Behavioral Economics in Education Market Design: A Forward-Looking Review
Journal of Political Economy Microeconomics, 2023 The rational choice framework for modeling matching markets has been tremendously useful in guiding the design of school-assignment systems. Despite this success, a large body of work documents deviations from the predictions of this framework that ...
A. Rees-Jones, Ran I. Shorrer
semanticscholar +1 more source
Market design for tradable mobility credits [PDF]
Transportation Research Part C: Emerging Technologies, 2021 Tradable mobility credit (TMC) schemes are an approach to travel demand management that have received significant attention in recent years. This paper proposes and analyzes alternative market models for a TMC system -- focusing on market design aspects ...
Siyu Chen +7 more
semanticscholar +1 more source
Water Science and Technology, 2021 Water contamination by nitrogen and phosphorus ions has a direct consequence of eutrophication to the ecosystem. The objective of this study is to investigate the production of hydrochars by acetic acid or sodium hydroxide assisted hydrothermal ...
Sanjaya Ghimire +4 more
doaj +1 more source