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Decision making process in energy market with producers of different profiles

Kakogiannis, Nikolaos - In: SPOUDAI - Journal of Economics and Business 63 (2013) 1/2, pp. 75-93

(energy producers) try to improve their strategies, by changing their profile, so as to penetrate in the electrical grid and …

Persistent link: https://www.econbiz.de/10010343101

Stabile Allokationen und Matching-Märkte: Zum Nobelpreis für Wirtschaftswissenschaften an Lloyd S. Shapley und Alvin E. Roth

Kübler, Dorothea - In: Wirtschaftsdienst 92 (2012) 12, pp. 843-847

The Nobel prize in economics in 2012 was awarded to Lloyd S. Shapley and Alvin E. Roth for 'the theory of stable … foundations of the theory of stable allocations (in particular the celebrated deferred-acceptance algorithm) as well as the …-sided matching markets, such as school choice, labour markets and kidney exchange, relies on both theory as well as on empirical …

Persistent link: https://www.econbiz.de/10010471332

Analysis of Stochastic Matching Markets

Biró, Péter; Norman, Gethin - 2011

Suppose that the agents of a matching market contact each other randomly and form new pairs if is in their interest. Does such a process always converge to a stable matching if one exists? If so, how quickly? Are some stable matchings more likely to be obtained by this process than others? In...

Persistent link: https://www.econbiz.de/10010494477

Matching for Credit: Identifying information asymmetries in joint-liability lending

Klein, Thilo - 2024

-liability (JL) to individual liabil- ity (IL) lending models. This article tests a theory explaining this shift, focusing on … in timely repayment. These results inform contract design and strategies to reduce information asymmetries in lending …

Persistent link: https://www.econbiz.de/10015211873

Non-standard choice in matching markets

Caspari, Gian; Khanna, Manshu - 2022

We explore the possibility of designing matching mechanisms that can accommodate non-standard choice behavior. We pin down the necessary and sufficient conditions on participants' choice behavior for the existence of stable and incentive compatible mechanisms. Our results imply that...

Persistent link: https://www.econbiz.de/10013464276

Group identity and belief formation: A decomposition of political polarization

Bauer, Kevin; Chen, Yan; Hett, Florian; Kosfeld, Michael - 2023

How does group identity affect belief formation? To address this question, we conduct a series of online experiments with a representative sample of individuals in the US. Using the setting of the 2020 US presidential election, we find evidence of intergroup preference across three distinct...

Persistent link: https://www.econbiz.de/10014446331

Reciprocal Preferences in Matching Markets

Opitz, Timm; Schwaiger, Christoph - 2023

Agents with reciprocal preferences prefer to be matched to a partner who also likes to collaborate with them. In this paper, we introduce and formalize reciprocal preferences, apply them to matching markets, and analyze the implications for mechanism design. Formally, the preferences of an agent...

Persistent link: https://www.econbiz.de/10014467722

Group Identity and Belief Formation: A Decomposition of Political Polarization

Bauer, Kevin; Chen, Yan; Hett, Florian; Kosfeld, Michael - 2023

Persistent link: https://www.econbiz.de/10014469838

Optimal Truncation in Matching Markets

Coles, Peter; Shorrer, Ran - 2013

this setting, we demonstrate the existence of an equilibrium where all agents use truncation strategies. Compared to … truthful reporting, in any equilibrium in truncation strategies, welfare diverges for men and women: women prefer the …

Persistent link: https://www.econbiz.de/10010313220

Transparent matching mechanisms

Möller, Markus - 2024

I study a central authority's ability to commit to a publicly announced mechanism in a one-to-one agent-object matching model. The authority announces a strategy-proof mechanism and then privately selects a mechanism to initiate a matching. An agent's observation in form of the final matching...

Persistent link: https://www.econbiz.de/10014536335