We investigate an assignment market in which multiple objects are assigned, together with associated payments, to a group of agents with unit demand preferences. Preferences over bundles, the pairs of (object, payment), accommodate income effects. Among all (Walrasian) equilibria in such a...

We consider the allocation problem of assigning heterogeneous objects to a group of agents and determining how much they should pay. Each agent receives at most one object. Agents have non-quasi-linear preferences over bundles, each consisting of an object and a payment. Especially, we focus on...

We analyze the effects of two automation technologies, industrial robots and computing equipment, on the gender wage gap in US local labor markets between 1990 and 2015. We find distinct impact of robot and computer capital: an increase in robots decreases male wage more than female wage,...

This paper contributes to the literature that examines the effects of disclosing the actual number of bidders in contests with stochastic entry by considering resource constraint. We study an all-pay auction with complete information. The auction entails one prize and $n$ potential bidders. Each...

We investigate menu mechanisms: dynamic mechanisms where at each history, an agent selects from a menu of his possible assignments. We consider both ex-post implementation and full implementation, for both subgame perfection and a strengthening of dominance that covers off-path histories, and...

Problem definition: Manufacturers' production capacity may be disrupted as a result of a pandemic outbreak, trade frictions, military conflicts, etc. This paper develops a two-period supply chain model with disruption risk in the second period to investigate firms' inventory decisions and the...