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Lester, Benjamin - 2013

In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...

Persistent link: https://www.econbiz.de/10013087203

Competing with Asking Prices

Lester, Benjamin - 2013

Persistent link: https://www.econbiz.de/10013087422

A Supply and Demand Framework for Two-Sided Matching Markets

Azevedo, Eduardo M. - 2017

This paper develops a price-theoretic framework for matching markets with heterogeneous preferences. The model departs …

Persistent link: https://www.econbiz.de/10012974432

Downstream Competition and Upstream Labor Market Matching

Chen, Bo - 2019

it as a two-stage game: A first stage of simultaneous 1-to-1 matching between firms and managers and a second stage of … each firm-manager pair to expect that the remaining agents will form a positive assortative matching (PAM), and the PAM on … the grand market is a stable matching under rational expectations. Even if they are strategic substitutes yet the …

Persistent link: https://www.econbiz.de/10012903067

Is Competition Among Cooperative Banks a Negative Sum Game?

Coccorese, Paolo - 2019

Does ‘inner' competition – rivalry among network members – worsen performance in a network of cooperative banks? Inner competition might, in fact, endanger network-dependent scale economies. We test our hypothesis on Banche di Credito Cooperativo (BCCs), Italy's network of mutual...

Persistent link: https://www.econbiz.de/10012890532

Performance‐maximizing large contests

Olszewski, Wojciech; Siegel, Ron - In: Theoretical economics : TE ; an open access journal in … 15 (2020) 1, pp. 57-88

Many sales, sports, and research contests are put in place to maximize contestants’ performance. We investigate and provide a complete characterization of the prize structures that achieve this objective in settings with many contestants. The contestants may be ex-ante asymmetric in their...

Persistent link: https://www.econbiz.de/10012159024

Does Competition Inhibit Fairness and Altruism?

Caginalp, Gunduz - 2018

In many business situations, one party makes an offer (e.g., broker offers a commission to client) that can either be accepted or rejected by the other party. If it is rejected, both gain nothing. Common sense, business experience and theory suggest that the proposer would partition the sum so...

Persistent link: https://www.econbiz.de/10012926892

Competition between physical and electronic content retailers

Kittaka, Yuta; Matsushima, Noriaki; Saruta, Fuyuki - 2021

We investigate a model in which a monopoly supplier distributes two types of its product through a traditional retailer with a wholesale price contract and an online retailer with an agency contract. Because such an agency contract eliminates the double marginalization problem, the online...

Persistent link: https://www.econbiz.de/10012488923

Competing with Asking Prices

Lester, Benjamin - 2016

In many markets, sellers advertise their good with an asking price. This is a price at which the seller will take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the seller...

Persistent link: https://www.econbiz.de/10012986936

Optimal Prize Allocations in Contests with Maximal Performance Objective

Lu, Zongwei - 2018

We show that weak concavity of the cost function leads to optimality of single prize in contests with maximal performance objective, which generalizes the previous result in Chawla et al. (2015). Moldovanu and Sela (2001) show that, with the constant elasticity functional form, enough convexity...

Persistent link: https://www.econbiz.de/10012935460