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We consider one-to-one matching problems under two modalities of uncertainty that differ in the way types are assigned … know the “name” but not the ”type” of the other players. Learning occurs via matching and using Bayes’ rule. We introduce …
Persistent link: https://www.econbiz.de/10010904912
Decentralized matching markets on the internet allow large numbers of agents to interact anonymously at virtually no …
Persistent link: https://www.econbiz.de/10010665513
This survey paper examines various information insufficiencies in biodiversity conservation and their impact of regulatory choices. We surveyed the literature in the field and identified four major types of informational insufficiencies in making efficient biodiversity conservation decisions: 1)...
Persistent link: https://www.econbiz.de/10005385328
We consider a game of information transmission, with one informed decision maker gathering information from one or more informed senders. Private information is (conditionally) correlated across players, and communication is cheap talk. For the one sender case, we show that correlation...
Persistent link: https://www.econbiz.de/10010833919
talented students to crime. This is always the case when the heterogeneity of students with respect to talent is sufficiently …
Persistent link: https://www.econbiz.de/10008674343
The literature on school choice assumes that families can submit a preference list over all the schools they want to be assigned to. However, in many real-life instances families are only allowed to submit a list containing a limited number of schools. Subjects' incentives are drastically...
Persistent link: https://www.econbiz.de/10005008015
We propose a model of Kidney-Exchange that incorporates the main European institutional features. We assume that patients do not consider all compatible kidneys homogeneous and patients are endowed with reservation values over the minimal quality of the kidney they may receive. Under feasibility...
Persistent link: https://www.econbiz.de/10005008042
game. Conversely, the set of repeated matching (or social) equilibria also includes some plays that are not part of any … definitions, as well as the relationship to renegotiation-proof equilibrium. It is possible for repeated matching equilibria to be …
Persistent link: https://www.econbiz.de/10005423090
market for new Ph.D. economists. We evaluate the effect of such mechanisms on two-sided matching markets by considering a …
Persistent link: https://www.econbiz.de/10008674340
This paper analyzes social group formation when agents are subject to peer effects within groups increasing human capital and instantaneous utility. When agents are heterogeneous on two dimensions, ability and social skills, and monetary payments are not feasible the model predicts segregation...
Persistent link: https://www.econbiz.de/10005570263