کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
956631 1478748 2015 15 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Meeting technologies and optimal trading mechanisms in competitive search markets
ترجمه فارسی عنوان
فن آوری های ملاقات و مکانیزم های بهینه سازی بازاریابی در بازارهای جستجو رقابتی
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی

In a market in which sellers compete by posting mechanisms, we study how the properties of the meeting technology affect the mechanism that sellers select. In general, sellers have incentive to use mechanisms that are socially efficient. In our environment, sellers achieve this by posting an auction with a reserve price equal to their own valuation, along with a transfer that is paid by (or to) all buyers with whom the seller meets. However, we define a novel condition on meeting technologies, which we call “invariance,” and show that the transfer is equal to zero if and only if the meeting technology satisfies this condition.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Theory - Volume 155, January 2015, Pages 1–15
نویسندگان
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