Publications of the Research Unit Market Design

  1. ZEW Discussion Paper No. 23-029 // 2023

    Full Surplus Extraction from Colluding Bidders

    I consider a repeated auction setting with colluding buyers and a seller who adjusts reserve prices over time without long-term commitment. To model the seller’s concern for collusion, I introduce a new…

  2. Non-Refereed Journal // 2023

    Effiziente und faire Verteilung von Lebensmittelspenden

    Die Ziele für nachhaltige Entwicklung der Vereinten Nationen sehen eine Halbierung der Lebensmittelverschwendung bis 2030 vor. Ein Ziel, zu dem die Tafeln für Deutschland auch durch eine optimierte Verteilung…

  3. Refereed Journal // 2023

    The cost of strategy-proofness in school choice

    We compare the outcomes of the most prominent strategy-proof and stable algorithm (Deferred Acceptance, DA) and the most prominent strategy-proof and Pareto optimal algorithm (Top Trading Cycles, TTC) to the…

  4. ZEW policy brief No. 23-04 // 2023

    Tapping into People’s Impatience for Better Environmental Subsidies

    This policy brief is concerned with the efficient allocation of subsidies for eco-friendly products. Examples include subsidies for cargo or e-bikes, electric cars, and energy efficient building retrofits.…

  5. Refereed Journal // 2023

    Second opinions and diagnostic uncertainty in expert markets

    Second opinions are often proposed as a disciplining device to mitigate fraudulent behavior by experts. However, inappropriate treatment recommendations may stem from diagnostic uncertainty or inaccuracy. We…

  6. Refereed Journal // 2023

    Entry in First-price Auctions with Signaling

    We study the optimal entry fee in a symmetric private value first-price auction with signaling, in which the participation decisions and the auction outcome are used by an outside observer to infer the…