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NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.
Market Design Working Group Meeting
Susan Athey and Parag Pathak, Organizers
Royal Sonesta Hotel
Riverfront Room
8:30 am Continental Breakfast
Procurement
9:00 am Patrick
Bajari,
Gregory Lewis,
Procurement
Contracting with Time Incentives: Theory
and Evidence
Francesco
Decarolis,
When the Highest Bidder Loses the Auction: Theory and Evidence from Public Procurement
Discussant: Ken Hendricks, University of Texas at
10:30 am Coffee Break
Information and
Disclosure
10:45 am Michael
Ostrovsky,
Information
Aggregation in Dynamic Markets with Strategic Traders
Luis Rayo,
Ilya Segal,
Optimal Information Disclosure
Discussant:
Yeon-Koo Che,
Competition and
Markets
1:30 pm Estelle Cantillon, ECARES
Pai-Ling Yin, MIT
Competition
between Exchanges: Lessons from the
Battle of the Bund
Itay Fainmesser,
Community
Structure and Market Outcomes: Towards a
Theory of Repeated Games in Networks
Discussant: Attila Ambrus,
Harvard University and NBER
3:00 pm Coffee Break
3:15 pm Maher Said,
Auctions with Dynamic
Populations: Efficiency and Revenue
Maximization
Alex Gershkov and
Paul Schweinzer,
When Queueing is
Better than Push and Shove
Discussant: Dirk Bergemann,
4:45 pm Adjourn
6:00 pm Group
Dinner
Dante
Restaurant at the Royal Sonesta Hotel
Skyline Room
8:15 am Continental Breakfast
Spectrum Auctions
8:45 am Peter
Cramton,
Jeremy Bulow and Jonathan Levin, Stanford University and NBER
Paul
Milgrom,
Winning Play in
Spectrum Auctions
Discussant: Alvin Roth, Harvard University and NBER
10:15 am Coffee Break
Multi-Unit Allocation
10:30 am Eric
Budish,
The Combinatorial Assignment Problem: Approximate Competitive Equilibrium from
Equal Incomes
John Kagel,
Yuanchuan Lien, California Institute of Technology
Paul Milgrom,
Ascending
Prices and Package Bidding: A
Theoretical and Experimental Analysis
Discussant: Tayfun Sonmez,
12:30
pm Lunch Talk: Market Design for
Troubled Assets
A Troubled Asset Reverse Auction and A Two-Sided Auction for Legacy Loans
Discussion: Information, Targeting and Advertising
1:30 pm Susan Athey, Harvard University and NBER
Benjamin Edelman,
David Pennock, Yahoo Research
Michael Schwarz, Yahoo Research and NBER
3:45 pm Adjourn