This paper addresses the pricing problem of an online service marketplace under asymmetric information. An example is an online learning platform such as Coursera that provides courses from suppliers (in this case, universities) to learners. We focus on the matching function of the marketplace...

Advertising on e-commerce marketplaces, wherein sponsored product listings are interleaved with organic product listings, is a large and growing phenomenon. In this paper, we both theoretically and empirically study whether including sponsored listings improves or hurts the overall quality and...

Collecting and displaying product reviews written by consumers is a common practice for many retail websites. These websites, however, differ in their choice to reveal aggregate review statistics on the product list displayed while consumers browse or search to make initial product selections....

We characterize the degree of price discretion that competing principals award their agents in a framework where agents are informed about demand and seek to pass on their unveriÖable distribution costs to consumers at the principalsí expense. Principals learn demand probabilistically and may...

We shed light on a money-for-privacy trade-off in the market for smartphone applications ("apps"). Developers offer their apps cheaper in return for greater access to personal information, and consumers choose between lower prices and more privacy. We provide evidence for this pattern using data...

Despite a growing interest, researchers and practitioners still struggle to transfer the blockchain concept introduced by Bitcoin to market-oriented application scenarios. To shed light on the technology's usage in markets with asymmetric information, this study analyzes the effect of the...

Platforms routinely deploy information notifications that influence consumer behavior. As an information design strategy, either the firm can be transparent and convey the true value of the notification to the user or the firm can obfuscate the notifications (especially for low value news item)....

We introduce two pieces of information, denoted memes, into a diffusion process in which memes are transmitted when individuals meet and forgotten at an exogenous rate. At most one meme can be transmitted at a meeting, which introduces opportunity costs in the process. Individuals differ...