This paper discusses a capacity-based redispatch mechanism in which awarded market participants are compensated for their availability for redispatch, rather than activation. The rationale is to develop a market…
Schultracking basiert auf der frühen Aufteilung von Lernenden nach Leistung, doch seine Wirkung auf Kompetenzentwicklung ist empirisch unklar. Wir zeigen, dass ein breiterer Zugang zum Gymnasium…
Subventionen für nachhaltige Produkte sind ein weit verbreitetes umweltpolitisches Instrument. Allerdings sind sie häufig ineffizient, da sie nach dem Gießkannenprinzip vergeben werden und somit auch…
Educational tracking—separating students into tracks or schools by ability — is commonplace, but access and preferences for top programs often depend on socioeconomic status (SES), reinforcing inequality. We…
We study the problem of distributing subsidies in a market that includes both marginal individuals in need of assistance and infra-marginal individuals who would purchase the subsidized product without…
Rapid technological developments in online markets fundamentally change the relationship between consumers and sellers. Online platforms can easily gather data about consumers’ search behavior, allowing for…
We study how framing interplays with information design. Whereas Sender conceives all contingencies separately, Receiver cannot initially distinguish among some of them, i.e., has a coarse frame. To influence…
We examine a setting of independent private value auctions where bidders can covertly acquire gradual information about their valuations. We demonstrate that a dynamic pivot mechanism implements the rst-best…