Path Dependence in Two-sided Markets
Author | : Tobias Georg Meyer |
Publisher | : Tobias Georg Meyer |
Total Pages | : 371 |
Release | : 2012 |
Genre | : |
ISBN | : |
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Author | : Tobias Georg Meyer |
Publisher | : Tobias Georg Meyer |
Total Pages | : 371 |
Release | : 2012 |
Genre | : |
ISBN | : |
Author | : Alvin E. Roth |
Publisher | : Houghton Mifflin Harcourt |
Total Pages | : 275 |
Release | : 2015 |
Genre | : Business & Economics |
ISBN | : 0544291131 |
A Nobel laureate reveals the often surprising rules that govern a vast array of activities -- both mundane and life-changing -- in which money may play little or no role. If you've ever sought a job or hired someone, applied to college or guided your child into a good kindergarten, asked someone out on a date or been asked out, you've participated in a kind of market. Most of the study of economics deals with commodity markets, where the price of a good connects sellers and buyers. But what about other kinds of "goods," like a spot in the Yale freshman class or a position at Google? This is the territory of matching markets, where "sellers" and "buyers" must choose each other, and price isn't the only factor determining who gets what. Alvin E. Roth is one of the world's leading experts on matching markets. He has even designed several of them, including the exchange that places medical students in residencies and the system that increases the number of kidney transplants by better matching donors to patients. In Who Gets What -- And Why, Roth reveals the matching markets hidden around us and shows how to recognize a good match and make smarter, more confident decisions.
Author | : Robert Bork |
Publisher | : |
Total Pages | : 536 |
Release | : 2021-02-22 |
Genre | : |
ISBN | : 9781736089712 |
The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
Author | : Alvin E. Roth |
Publisher | : Cambridge University Press |
Total Pages | : 288 |
Release | : 1992-06-26 |
Genre | : Business & Economics |
ISBN | : 1107782430 |
Two-sided matching provides a model of search processes such as those between firms and workers in labor markets or between buyers and sellers in auctions. This book gives a comprehensive account of recent results concerning the game-theoretic analysis of two-sided matching. The focus of the book is on the stability of outcomes, on the incentives that different rules of organization give to agents, and on the constraints that these incentives impose on the ways such markets can be organized. The results for this wide range of related models and matching situations help clarify which conclusions depend on particular modeling assumptions and market conditions, and which are robust over a wide range of conditions. 'This book chronicles one of the outstanding success stories of the theory of games, a story in which the authors have played a major role: the theory and practice of matching markets ... The authors are to be warmly congratulated for this fine piece of work, which is quite unique in the game-theoretic literature.' From the Foreword by Robert Aumann
Author | : Richard Cantillon |
Publisher | : Ludwig von Mises Institute |
Total Pages | : 254 |
Release | : 2010 |
Genre | : Commerce |
ISBN | : 1610164601 |
Author | : Paul T. Heyne |
Publisher | : |
Total Pages | : 516 |
Release | : 2008 |
Genre | : Business & Economics |
ISBN | : |
""Art Economists Basically Immoral?" and Other Essays on Economics, Ethics, and Religion is a collection of Heyne's essays focused on an issue that preoccupied him throughout his life and which concerns many free-market skeptics - namely, how to reconcile the apparent selfishness of a free-market economy with ethical behavior." "Written with the nonexpert in mind, and in a highly engaging style, these essays will interest students of economics, professional economists with an interest in ethical and theological topics, and Christians who seek to explore economic issues."--BOOK JACKET.
Author | : Jens Beckert |
Publisher | : Oxford University Press |
Total Pages | : 330 |
Release | : 2017 |
Genre | : Business & Economics |
ISBN | : 0198794975 |
This book makes a contribution to understanding the structure of markets on which such illegal transactions occur. The authors apply the tools of economic sociology to develop conceptual frames allowing to understand the organization of such markets and present case studies that provide insights into the illegal side of the economy.
Author | : Paul Belleflamme |
Publisher | : Cambridge University Press |
Total Pages | : 275 |
Release | : 2021-11-11 |
Genre | : Business & Economics |
ISBN | : 1108625622 |
Digital platforms controlled by Alibaba, Alphabet, Amazon, Facebook, Netflix, Tencent and Uber have transformed not only the ways we do business, but also the very nature of people's everyday lives. It is of vital importance that we understand the economic principles governing how these platforms operate. This book explains the driving forces behind any platform business with a focus on network effects. The authors use short case studies and real-world applications to explain key concepts such as how platforms manage network effects and which price and non-price strategies they choose. This self-contained text is the first to offer a systematic and formalized account of what platforms are and how they operate, concisely incorporating path-breaking insights in economics over the last twenty years.
Author | : Milton Friedman |
Publisher | : University of Chicago Press |
Total Pages | : 336 |
Release | : 1953 |
Genre | : Business & Economics |
ISBN | : 0226264033 |
This paper is concerned primarily with certain methodological problems that arise in constructing the "distinct positive science" that John Neville Keynes called for, in particular, the problem how to decide whether a suggested hypothesis or theory should be tentatively accepted as part of the "body of systematized knowledge concerning what is."
Author | : Douglas D Evanoff |
Publisher | : World Scientific |
Total Pages | : 313 |
Release | : 2018-03-08 |
Genre | : Business & Economics |
ISBN | : 981322956X |
The central goal of this volume was to assemble outstanding scholars and policymakers in the field of financial markets and institutions and have them articulate significant market developments in their particular areas of expertise during the past few decades.Not just a celebratory volume, Public Policy and Financial Economics selected internationally recognized financial economists who have worked with Professor Kaufman during his years of scholarly research, and have a combined mastery of specialized financial markets themes and, very importantly, knowledge of public policies in the areas. All 15 chapters offer unique, innovative, and exciting expositions of several critical topics in financial economics.