Publications of the Research Unit Market Design

  1. ZEW Discussion Paper No. 18-056 // 2018

    Endogenous Worst-Case Beliefs in First-Price Auctions

    Bidding in first-price auctions crucially depends on the beliefs of the bidders about their competitors' willingness to pay. We analyze bidding behavior in a first-price auction in which the knowledge of…

  2. ZEW Discussion Paper No. 18-055 // 2018

    Strategies under Strategic Uncertainty

    I investigate the decision problem of a player in a game of incomplete information who faces uncertainty about the other players' strategies. I propose a new decision criterion which works in two steps.…

  3. ZEW Discussion Paper No. 18-054 // 2018

    Contract Design with Limited Commitment

    We consider the problem of a principal who wishes to contract with a privately informed agent and is not able to commit to not renegotiating any mechanism. That is, we allow the principal, after observing…

  4. ZEW Discussion Paper No. 18-053 // 2018

    Fair Cake-Cutting in Practice

    Using a lab experiment, we investigate the real-life performance of envy-free and proportional cake-cutting procedures with respect to fairness and preference manipulation. We nd that envy-free…

  5. ZEW Discussion Paper No. 18-052 // 2018

    Multi-Unit Assignment Under Dichotomous Preferences

    I study the problem of allocating objects among agents without using money. Agents can receive several objects and have dichotomous preferences, meaning that they either consider objects to be acceptable…

  6. ZEWnews English edition // 2018

    11/12 - 2018