Showing 1 - 10 of 138
preferences. I investigate this question in an environment of matching allocation problems. There are two reasons for doing so … in any which way to obtain results on the welfare properties of trade. Secondly, some matching allocation mechanisms have …
Persistent link: https://www.econbiz.de/10008779117
The study of matching problems typically assumes that agents precisely know their preferences over the goods to be …
Persistent link: https://www.econbiz.de/10009535060
The Internet globalizes the world. National regulatory autonomy shrinks. Transferring data from one country to another is almost costless. Foreign content is just a click away. Why is it that states have been able to re-install co-existence in some policy areas, and not in others? In data...
Persistent link: https://www.econbiz.de/10011582891
This paper studies a decentralized, dynamic matching and bargaining market: buyers and sellers are matched into pairs …
Persistent link: https://www.econbiz.de/10010264835
The paper introduces the assumption of costly information acquisition to the theory of mechanism design for matching …
Persistent link: https://www.econbiz.de/10010286699
preferences. I investigate this question in an environment of matching allocation problems. There are two reasons for doing so … in any which way to obtain results on the welfare properties of trade. Secondly, some matching allocation mechanisms have …
Persistent link: https://www.econbiz.de/10010286707
This paper studies a decentralized, dynamic matching and bargaining market: buyers and sellers are matched into pairs … static results of the decentralized trading outcome with respect to the level of the search frictions. -- Dynamic Matching …
Persistent link: https://www.econbiz.de/10003730623
The paper introduces the assumption of costly information acquisition to the theory of mechanism design for matching …
Persistent link: https://www.econbiz.de/10008738288
This paper deals with second-best pollution taxation by investigating allocations instead of the corresponding tax rates. Assuming certain restrictions on utility and that the marginal revenue from environmental taxation is positive, it is shown that environmental quality is higher in second...
Persistent link: https://www.econbiz.de/10010264766
We study the classical free-rider problem in public goods provision in a large economy with uncertainty about the average valuation of the public good. Individual preferences over public goods are shaped by a skill and a taste parameter. We use a mechanism design approach to solve for the...
Persistent link: https://www.econbiz.de/10010264796