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Showing 1 to 6 of 6 for “"Decentralized markets"”.

  1. Four Essays on Decentralized Markets in Management and Policy

    Governments often create markets to serve management or policy goals. The creation of these markets requires developing the institutional capacity to disseminate market information in order for the market to achieve those goals more effectively. This dissertation draws on prior work regarding …

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  2. Essays on dynamic agency, inequality and optimal taxation

    … be implemented when agents may trade assets in decentralized markets and taxes are imposed on various forms of income.

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  3. Essays on real life allocation problems

    … being a net-exporter of students. Programs use decentralized markets making it difficult to achieve balance. We show that stable equilibria discourage net-exporting colleges from exchange. We introduce two-sided top-trading-cycles (2S-TTC) mechanism that is balanced-efficient, …

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  4. Essays on Financial and Labor Markets with Frictions

    … is devoted to exploring financial and labor markets with frictions.</p><p>Chapter I: Unemployment and Capital Misallocation. The recent recession was associated not only with a marked disruption in the credit market, but also a sharp deterioration in labor market conditions, as evidenced by …

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  5. Dynamic markets for lemons

    Este trabalho investiga o papel da sinalização em um mercado dinâmico de limões. Nós derivamos propriedades gerais dos equilíbrios, e em particular dos equilíbrios totalmente separantes. O equilíbrio separante mais eficiente permite que trocas ocorram em todos os períodos para tos os …

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  6. Decentralized scheduling of EV energy and regulation reserve services in distribution network markets

    … To this end, existing transmission wholesale markets must be extended to include distribution network connected participants. Since the inclusion of the complex preferences of many flexible loads renders familiar centralized transmission market designs intractable, we propose and investigate …

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