Decision Sciences
4 years ago

Investment efficiency revolutionizes market design for fairer outcomes!

2 views
Strategy-proofness, investment efficiency, and marginal returns
John William Hatfield, Fuhito Kojima, Scott Duke Kominers

Paper Summary

The article explores how market mechanisms can be designed to be fair and efficient. It focuses on how people decide to invest before taking part in these mechanisms. The researchers found that the choices people make about investing can be influenced by the way the market works.

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