In early November, the Federal Statistical Office reported a new record in the job market: By September 2023, employment in Germany surpassed the 46 million mark for the first time. Considering the multiple…

Desai and Palermo discuss the effects of Basic Income on selected economic variables. The discussion has a theoretical basis and uses a microeconomic approach. The effects that the chapter studies concern both…

When lower prices are available only to consumers who search, firms can price discriminate based on search. We study local German electricity retail markets in which nonsearching consumers pay the incumbent’s…

I consider a seller selling a good to bidders with two-dimensional private information: their valuation for a good and their characteristic. While valuations are non-verifiable, characteristics are partially…

We study optimal mechanisms for a utilitarian designer who seeks to assign a finite number of goods to a group of ex ante heterogeneous agents with unit demand. The agents have heterogeneous marginal utilities…