Showing 1 - 10 of 30,115
We study a home rental market where hosts compete in prices and decide which guests to accept. Such screening results in inefficiently many rejections and can reduce welfare. In a unique symmetric equilibrium, hosts randomize over prices so that it may be unprofitable for them to accept some...
Persistent link: https://www.econbiz.de/10013223094
Persistent link: https://www.econbiz.de/10012664769
Persistent link: https://www.econbiz.de/10012500997
Despite the popular emergence of online property brokerage platforms in the second-hand housing market, little is known about whether and how these platforms would influence the market, especially in terms of housing price. We thus assemble and analyze data from multiple sources about the entry...
Persistent link: https://www.econbiz.de/10014351544
The static model of two sided markets proposed by Rochet and Tirole analyses optimal pricing of a monopolistic platform at the equilibrium point. Their framework implicitly assumes that for each prices set by the platform, the equilibrium number of users on each side will be unique. However,...
Persistent link: https://www.econbiz.de/10012605827
Persistent link: https://www.econbiz.de/10014364959
Persistent link: https://www.econbiz.de/10003593240
Persistent link: https://www.econbiz.de/10009373169
Persistent link: https://www.econbiz.de/10012601724
Persistent link: https://www.econbiz.de/10011585850