June 3, 2025, 11:00–12:30
Toulouse
Room Auditorium 4
Economic Theory Seminar
Abstract
We analyze the matching of buyers and sellers in a stylized market where the quality of the sellers’ goods is uncertain, and the buyers have correlated perceptions of the qualities. We show the existence of a symmetric equilibrium for alternative sales mechanisms within matches, and we evaluate their distributional and efficiency properties. (joint work with Pauli Murto).