Now showing items 1-4 of 4

    • Schwartz, Jesse A.; Wen, Quan (Vanderbilt University, 2008)
      We introduce a perfect price discriminating (PPD) mechanism for allocation problems with private information. A PPD mechanism treats a seller, for example, as a perfect price discriminating monopolist who faces a price ...
    • Schwartz, Jesse A.; Wen, Quan (Vanderbilt University, 2007)
      We introduce a subsidized Vickrey auction for cost sharing problems. Although the average, marginal, and serial cost sharing mechanisms are budget-balanced, they are not allocatively efficient and they do not induce players ...
    • Schwartz, Jesse A.; Ungo, Ricardo (Vanderbilt University, 2003)
      In this paper, we study the incentives for market concentration of (online and traditional) auction houses. Would sellers and buyers be better off if two separate auction houses merged? We suppose that each auction house ...
    • Schwartz, Jesse A.; Wen, Quan (Vanderbilt University, 2004)
      Sections 8(a)(3) and 8(a)(5) of the National Labor Relations Act prohibit a firm from unilaterally increasing the wage it pays the union during the negotiation of a new wage contract. To understand this regulation, we study ...