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Matching and Information Design in Marketplaces

Author

Listed:
  • Elliott, M.
  • Galeotti, A.
  • Koh, A.
  • Li, W.

Abstract

There are many markets that are networked in these sense that not all consumers have access to (or are aware of) all products, while, at the same time, firms have some information about consumers and can distinguish some consumers from some others (for example, in online markets through cookies). With unit demand and price-setting firms we give a complete characterization of all welfare outcomes achievable in equilibrium (for arbitrary buyer-seller networks and arbitrary information structures), as well as the designs (networks and information structures) which implement them.

Suggested Citation

  • Elliott, M. & Galeotti, A. & Koh, A. & Li, W., 2023. "Matching and Information Design in Marketplaces," Janeway Institute Working Papers 2304, Faculty of Economics, University of Cambridge.
    • Handle: RePEc:cam:camjip:2304
    Note: mle30
    as

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    File URL: https://www.janeway.econ.cam.ac.uk/working-paper-pdfs/jiwp2304.pdf
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