relationship between congestion and the optimal second-best policy, on the one hand, and congestion and the long run growth rate …

Congestion is a widespread phenomenon in two-sided markets, but evidence on its costs and benefits is limited. Using … data from an online dating platform, we document a large excess demand, or congestion, for some women. By exploiting … exogenous variation in the number of men and women using the platform, we show that congestion slows down matching time for men …

dirty (brown) technologies, and a single transmission bottleneck and compare dynamic efficiency of several market designs … competitors by investing early. Compensating early investors for future network congestion, as for instance in the E.U., only …

This paper analyzes the effect of spillovers and congestion of local public goods on the segregative properties of …, that creates positive spillovers in other jurisdictions and suffers from congestion. In every jurisdiction, the production … jurisdiction structure segregated by wealth, for a large class of congestion measure and any spillovers coefficient structure, is …