matching problems with one-sided asymmetric information. The key conceptual problem is to formulate a notion of a blocking pair …A large literature uses matching models to analyze markets with two-sided heterogeneity, studying problems such as the … matching of students to schools, residents to hospitals, husbands to wives, and workers to firms. The analysis typically …

Consider Becker's 1973 classic matching model, with unobserved fixed types and stochastic publicly observed output. If … types are complementary, then matching is assortative in the known Bayesian posteriors (the 'reputations'). We discover a … robust failure of Becker's result in the simplest dynamic two type version of this world. Assortative matching is generally …

offered and sign long-term contracts even though waiting could reveal significant information about their capabilities. This …

bizarre idiosyncrasies and their information is widely dispersed …

information. In this paper, we examine a stylized prediction market comprised of Bayesian agents whose inferences are based on … possibility of trade generally preclude the possibility of perfect information aggregation …

violates one of our conditions. Finally, we use our approach to evaluate the evolution of assortative matching in the US over … the last decades, and conclude that assortative matching has increased, particularly at the top of the education …

A data intermediary pays consumers for information about their preferences and sells the information so acquired to … acquiring information. We derive the intermediary's optimal data policy and show that it preserves the privacy of the consumers …' identities while providing precise information about market demand to the firms. This enables the intermediary to capture the …

A data intermediary pays consumers for information about their preferences and sells the information so acquired to … acquiring information. We derive the intermediary's optimal data policy and show that it preserves the privacy of the consumers …' identities while providing precise information about market demand to the firms. This enables the intermediary to capture the …