Optimal Delegation in Markets for Matching with Signaling

• Tác giả: Seungjin Han, Alex Sam, Youngki Shin
• Ngôn ngữ: eng
• Ký hiệu phân loại: 302.13 Social choice
• Thông tin xuất bản: 2023
• Bộ sưu tập: Metadata
• ID: 196639

Tóm tắt

Comment: 52 pages, 8 figures. arXiv admin note: substantial text overlap with arXiv:2109.03370This paper studies a delegation problem faced by the planner who wants to regulate receivers' reaction choices in markets for matching between receivers and senders with signaling. We provide a noble insight into the planner's willingness to delegate and the design of optimal (reaction) interval delegation as a solution to the planner's general mechanism design problem. The relative heterogeneity of receiver types and the productivity of the sender' signal are crucial in deriving optimal interval delegation in the presence of the trade-off between matching efficiency and signaling costs.