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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
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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
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Fairness and competition in a bilateral matching market
Bester, Helmut - 2021
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the …
Persistent link: https://www.econbiz.de/10012648091
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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
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Obvious mistakes in a strategically simple college admissions environment
Shorrer, Ran I.; Sóvágó, Sándor - 2017
In a centralized marketplace that was designed to be simple, we identify participants whose choices are dominated. Using administrative data from Hungary, we show that college applicants make obvious mistakes: they forgo the free opportunity to receive a tuition waiver worth thousands of...
Persistent link: https://www.econbiz.de/10011772987
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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
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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
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Contest Copycats : Adversarial Duplication of Effort in Contests
Send, Jonas - 2021
Participants in an innovation contest may steal their opponents’ ideas to enhance their chance of winning. To model this, I introduce the ability to copy another player’s effort in a Tullock contest between two players. I characterise the unique equilibrium in this game dependent on the...
Persistent link: https://www.econbiz.de/10013323602
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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
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Competing with asking prices
Lester, Benjamin; Visschers, Ludo; Wolthoff, Ronald - 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/10009696885