Publikationen des Forschungsbereichs Marktdesign

  1. ZEW Discussion Paper // 2019

    Obvious Manipulations in Cake-Cutting

    In cake-cutting, strategy-proofness is a very costly requirement in terms of fairness: for n = 2 it implies a dictatorial allocation, whereas for n ≥ 3 it requires that one agent receives no cake. We show that a…

  2. Beiträge in Sammel- und Tagungsbänden // 2019

    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 find that envy-free procedures,…

  3. ZEW Discussion Paper // 2019

    Incomplete Contracts in Dynamic Procurement

    We analyze the problem of a buyer who purchases a long-term project from one of several suppliers. A changing state of the world influences the costs of the suppliers. Complete contracts conditioning on all…

  4. ZEW Discussion Paper // 2019

    Sequential Procurement with Limited Commitment

    We analyze the problem of a buyer who chooses a supplier for a long-term relationship via an auction. The buyer lacks commitment to not renegotiate the terms of the contract in the long run. Thus, suppliers are…

  5. ZEWnews // 2019

    07/08 - 2019