Publisher Summary This chapter discusses the games that are two-sided matching markets.
The phrase two-sided refers to the fact that agents in such markets belong, from the outset …

This paper provides an elementary, non‐technical, survey of auction theory, by introducing
and describing some of the critical papers in the subject.(The most important of these are …

The Theory of Industrial Organization is the first primary text to treat the new industrial
organization at the advanced-undergraduate and graduate level. Rigorously analytical and …

Economics has much to do with incentives--not least, incentives to work hard, to produce
quality products, to study, to invest, and to save. Although Adam Smith amply confirmed this …

This is an article about modeling methods in information economics. A notion of"
favorableness" of news is introduced, characterized, and applied to four simple models. In …

Auction Theory, Second Edition improves upon his 2002 bestseller with a new chapter on
package and position auctions as well as end-of-chapter questions and chapter notes …

Two distinct causal mechanisms—resource‐picking and capability‐building—have been
proposed in the strategic management literature about how firms create economic rents …

Multiagent systems combine multiple autonomous entities, each having diverging interests
or different information. This overview of the field offers a computer science perspective, but …

We estimate private benefits of control in 39 countries using 393 controlling blocks sales. On
average the value of control is 14 percent, but in some countries can be as low as− 4 …

Experimental economists are leaving the reservation. They are recruiting subjects in the field
rather than in the classroom, using field goods rather than induced valuations, and using …