We investigate mechanism design for a spot market of perishable goods.We explain that failures of trading in the perishable goods damage social utility.We develop an online double auction that prioritizes time-critical bids.Multiagent simulations show ...
Recent years have witnessed the rise of many successful e-commerce marketplace platforms like the Amazon marketplace, AirBnB, Uber/Lyft, and Upwork, where a central platform mediates economic transactions between buyers and sellers. A common feature of ...
Empirical observations suggest that consumers’ propensity towards sharing varies with culture and the individuals’ socio-demographic characteristics. In an economy with overlapping generations of heterogeneous consumers, we study ...
Association for Computing Machinery
New York, NY, United States
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