, but the relative contribution of the two types of market turns out to be highly unstable, especially for the most deferred …

This paper presents a market with asymmetric information where a privately revealing equilibrium obtains in a …

a market mechanism to allocate use rights over a stochastic resource to private managers. The mechanism endogenously …

We study a two-sided market where a platform attracts firms selling differentiated products and buyers interested in … externalities present in the market and firms and consumers all participate in the platform with probability one. The monopolist … intermediary extracts all the economic rents generated in the market, except when firms and consumers can trade outside the …

This paper studies the design of tax systems that implement a planner's second-best allocation in a market economy. An … identified classes, the planner may need to restrict the choice space of agents to implement its second best in the market. This …

appears to be disputable whether the observed restrictions on transfers are the appropriate market design answer to these … concerns. Instead of exogenously restricting transfers on a matching market, we introduce a desideratum based on fairness … objectives and study its market design implications. The desideratum we concentrate on is discrimination-freeness, i.e. one …