We study optimal auctions in a symmetric private values setting, where bidders have signaling concerns: they care about winning the object and a receiver's inference about their type. Signaling concerns arise in…
Banning money in markets for goods like education or health is a common policy to prevent unfair access by the wealthy. We investigate whether this policy is well-targeted for its intended goal. For this, we…
Priority-based allocation often requires eliminating justified envy, making serial dictatorship (SD) the only non-wasteful direct mechanism with that property. However, SD’s outcomes can conflict with the…