Matching and Dynamic Pricing in Ride-Hailing Platforms
Ride-hailing platforms like Uber, Lyft, Didi Chuxing, and Ola are transforming urban mobility by connecting riders with drivers via the sharing economy. These platforms have achieved explosive growth, in part by dramatically improving the efficiency…
Incentive-Compatible Forecasting Competitions
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…
Adversarial Generalized Method of Moments
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…