We study bilateral trade between two strategic agents. The celebrated result of Myerson and Satterthwaite states that in general, no incentive-compatible, individually rational and weakly …
We design simple mechanisms to approximate the Gains from Trade (GFT) in two-sided markets with multiple unit-supply sellers and multiple unit-demand buyers. A classical …
Bilateral trade, a fundamental topic in economics, models the problem of intermediating between two strategic agents, a seller and a buyer, willing to trade a good for which they …
Bilateral trade, a fundamental topic in economics, models the problem of intermediating between two strategic agents, a seller and a buyer, willing to trade a good for which they …
We investigate brokerage between traders from an online learning perspective. At any round $ t $, two traders arrive with their private valuations, and the broker proposes a trading price …
A celebrated impossibility result by Myerson and Satterthwaite (1983) shows that any truthful mechanism for two-sided markets that maximizes social welfare must run a deficit, resulting …
We develop and extend a line of recent work on the design of mechanisms for two-sided markets. The markets we consider consist of buyers and sellers of a number of items, and …
In a crowdsensing platform, users are invited to provide data services, and multiple requesters compete for desired services. Due to users' costs of providing services, it is …
L Blumrosen, Y Mizrahi - Web and Internet Economics: 12th International …, 2016 - Springer
We consider the design of platforms that facilitate trade between a single seller and a single buyer. The most efficient mechanisms for such settings are complex and sometimes even …