This study quantifies the efficiency of a real-world bargaining game with two-sided incomplete information. Myerson and …, but little is known about how well real-world bargaining performs relative to the frontier. The setting is wholesale used …-auto auctions, an $80 billion industry where buyers and sellers participate in alternating-offer bargaining when the auction price …

The internet has facilitated the creation of new markets characterized by large scale, increased customization, rapid … theory that has been useful for thinking about online advertising markets, retail and business-to-business e … competition and consumer behavior in internet markets and some directions for future research. …

financial index investment in agricultural futures markets using non-public data from the Large Trader Reporting System (LTRS … another. The null hypothesis of no impact of aggregate CIT positions on daily returns is rejected in only 3 of the 12 markets … in a data-defined roll period is rejected in 5 of the 12 markets and estimated cumulative impacts are negative in all 12 …

The last decade brought substantial increased participation in commodity markets by index funds that maintain long …

bargaining model for predicting and estimating the division of surplus in applied analysis of bilateral oligopoly. This paper …

We examine gender differences in bargaining outcomes in a highly competitive and commonly used market: the taxi market …