Showing 1 - 10 of 288
We study two-sided markets with heterogeneous, privately informed agents who gain from being matched with better partners from the other side. Agents are matched through an intermediary. Our main results quantify the relative attractiveness of a coarse matching scheme consisting of two classes...
Persistent link: https://www.econbiz.de/10005792482
This paper studies a "market creating" firm (platform) that offers a matching environment by charging an access fee to a population of high and low type users who wish to form a match. We focus on an environment where users only observe a signal of their randomly assigned partner's type and...
Persistent link: https://www.econbiz.de/10009358868
This paper studies a “market creating” firm that offers a matching environment, by charging an access fee, to a population of users who wish to form a match. We focus on an environment where users only observe a signal from their randomly assigned partner's type and the signal...
Persistent link: https://www.econbiz.de/10013118585
We consider a monopolist who is facing loss-averse buyers over two periods, with an uncertain demand in the second period. Monopolist cannot commit today to a future price, and posts the price for tomorrow only after the demand realization. We incorporate best-price provision policy into the...
Persistent link: https://www.econbiz.de/10014357854
A platform matches agents from two sides of a market to create a trading opportunity between them. The agents subscribe to the platform by paying subscription fees which are contingent on their reported private types, and then engage in strategic interactions with their matched partner(s). A...
Persistent link: https://www.econbiz.de/10012844756
In recent years, considerable progress has occurred in modeling durable goods transactions in dynamic settings under asymmetric information. Most notable among these contributions are the works of Hendel and Lizzeri (1999, 2002), Janssen and Roy (2002), and Hendel, Lizzeri and Siniscalchi...
Persistent link: https://www.econbiz.de/10012727030
A platform matches agents from two sides of a market to create a trading opportunity between them. The agents subscribe to the platform by paying subscription fees which are contingent on their reported private types, and then engage in strategic interactions with their matched partner(s). A...
Persistent link: https://www.econbiz.de/10012137080
This paper develops a model to investigate the effects of spatial pricing on ride-sourcing markets. The model is built upon a discrete time geometric matching framework that matches customers with drivers nearby. We demonstrate that a customer may be matched to a distant vehicle when demand...
Persistent link: https://www.econbiz.de/10012931591
Each agent in a market needs to supplement his skill with a particular skill of another agent to complete his project. A platform matches the agents and allows members of the same match to share their skills. A match is valuable to an agent if he is matched with any agent who possesses a skill...
Persistent link: https://www.econbiz.de/10013350763
Persistent link: https://www.econbiz.de/10015191490