Dashboard Mechanisms for Online Marketplaces
We consider the problem of designing mechanisms for online marketplaces for long-lived agents with persistent preferences. Bidder dashboards, which forecast outcomes as a function of bid, help bidders optimize their bids. The principal in such…
Monopoly Without a Monopolist: An Economic Analysis of Bitcoin
Owned by nobody and controlled by an almost immutable protocol, the Bitcoin payment system is a platform with two main constituencies: users and profit-seeking miners who maintain the system’s infrastructure. The paper seeks to understand…
I Chose STEM – Event Recap
Earlier this week Microsoft Research Montreal celebrated the International Day of Women and Girls in STEM (science, technology, engineering and mathematics) with a one-day symposium: I Chose STEM. More than 200 Canadian STEM students and…
Dynamic Matching in School Choice: Efficient Seat Reassignment after Late Cancellations
As market design theory increasingly shapes the design and operations of real-life marketplaces, it is important for designers to provide simple policy levers that practitioners can use to optimize platform objectives. In the school choice…