Showing 1 - 10 of 768,364
Persistent link: https://www.econbiz.de/10012586802
Persistent link: https://www.econbiz.de/10003284500
Persistent link: https://www.econbiz.de/10003514501
We consider optimal pricing by a profit-maximizing platform running a dynamic search and matching market. Buyers and sellers enter in cohorts over time, meet and bargain under private information. The optimal centralized mechanism, which involves posting a bid-ask spread, can be decentralized...
Persistent link: https://www.econbiz.de/10010200194
Persistent link: https://www.econbiz.de/10011844299
Persistent link: https://www.econbiz.de/10012269636
Persistent link: https://www.econbiz.de/10013187654
Platforms often use fee discrimination within their marketplace (e.g., Amazon, eBay, and Uber specify a variety of merchant fees). To better understand the impact of marketplace fee discrimination, we develop a model that allows us to determine equilibrium fee and category decisions that depend...
Persistent link: https://www.econbiz.de/10012692299
Persistent link: https://www.econbiz.de/10001781241
intermediation chains that stand between buyers and sellers in many decentralized markets. Our model features a classic problem in …, involving moderately informed intermediaries also endowed with market power can improve trade efficiency. Long intermediation …
Persistent link: https://www.econbiz.de/10013007617