Publications of the Research Unit Market Design

  1. ZEW Discussion Paper No. 19-056 // 2019

    Obvious Manipulations in Cake-Cutting

    In cake-cutting, strategy-proofness is a very costly requirement in terms of fairness: for n = 2 it implies a dictatorial allocation, whereas for n ≥ 3 it requires that one agent receives no cake. We show that a…

  2. Contributions to Edited Volumes and Conference Proceedings // 2019

    Fair Cake-Cutting in Practice

    Using a lab experiment, we investigate the real-life performance of envy-free and proportional cake-cutting procedures with respect to fairness and preference manipulation. We find that envy-free…

  3. ZEW Discussion Paper No. 19-040 // 2019

    Incomplete Contracts in Dynamic Procurement

    We analyze the problem of a buyer who purchases a long-term project from one of several suppliers. A changing state of the world influences the costs of the suppliers. Complete contracts conditioning on all…

  4. ZEW Discussion Paper No. 19-030 // 2019

    Sequential Procurement with Limited Commitment

    We analyze the problem of a buyer who chooses a supplier for a long-term relationship via an auction. The buyer lacks commitment to not renegotiate the terms of the contract in the long run. Thus, suppliers are…

  5. Refereed Journal // 2019

    Equality of opportunity and integration in social networks

    We propose the notion of k-integration as a measure of equality of opportunity in social networks. A social network is k-integrated if there is a path of length at most k between any two individuals, thus…

  6. Refereed Journal // 2019

    The losses from integration in matching markets can be large

    Although the integration of two-sided matching markets using stable mechanisms generates expected gains from integration, I show that there are worst case scenarios in which these are negative. The losses…