This study examines the economic effects of research and development (R&D) supports in the context of a program implemented in Türkiye between 2006-2019. Firms receiving the support differ positively from other firms in key economic indicators. Results indicate a 6% rise in patent...

Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in the same jobs. However, they face a series of challenges in the labor market, including lower wages in comparison to their similarly educated peers who are in correctly matched...

Motivated by ride-hailing marketplaces, we present a model of two-sided matching platforms that participate in a duopoly market with spatial frictions. Both platforms face disjoint streams of service requests, but they share the same resources on the supply side, i.e., suppliers multi-home. Due...

Matching is a commonly used fund-raising tactic, whereby small donors have their donation to a charity matched via a fund established by large donors. I develop a model in which a single large donor decides whether to establish a matching fund or contribute to the public good via the voluntary...

An important operational decision for online service platforms is how much control they have over pricing decisions. Motivated by recent regulations and increased public scrutiny on platform control, we study the effects of decentralized pricing using a fluid model of dynamic two-sided matching....

This paper studies the impact of friction and preferences on match formation in two-sided markets. Because every agent has private information about their preferences for potential matches’ characteristics, forming a match based on mutual compatibility requires extensive costly search. We use...

We present a model that investigates preference evolution with endogenous matching. In the short run, individuals’ subjective preferences simultaneously determine who they are matched with and how they behave in the social interactions with their matched partners, which results in material...