The paper presented in this Virtual Market Design Seminar initiates the study of how auction design affects the division of surplus among buyers. The authors propose a parsimonious measure for equ
A signal is privacy-preserving with respect to a collection of privacy sets, if the posterior probability assigned to every privacy set remains unchanged conditional on any signal realization. The
For years now, there has been intense discussion in Germany about the financial problems facing the public pension system due to population aging. Fewer and fewer contributors are paying into the pens