Two types of agents want to pair. They meet randomly, and if each is acceptable to each other pairing takes place. One type's tastes are uniform over the other type while the other type's tastes are not. We assume nontransferable utility and study whether the outcome is more efficient when the...

We study pricing in a model where buyers are homogeneous and sellers have either capacity one or two. We show that if buyers observe prices but not capacities then an equilibrium exists where sellers of capacity two post lower prices than sellers of capacity one. The equilibrium satisfies the...