4 papers
Adaptive Combinatorial Allocation
Maximilian Kasy, Alexander Teytelboym
We consider settings where an allocation has to be chosen repeatedly, returns are unknown but can be learned, and decisions are subject to constraints. Our model covers two-sided a…
Dark Web Marketplaces and COVID-19: before the vaccine
Alberto Bracci, Matthieu Nadini, Maxwell Aliapoulios +5
The COVID-19 pandemic has reshaped the demand for goods and services worldwide. The combination of a public health emergency, economic distress, and misinformation-driven panic hav…
The Equilibrium Existence Duality: Equilibrium with Indivisibilities & Income Effects
Elizabeth Baldwin, Omer Edhan, Ravi Jagadeesan +2
We show that, with indivisible goods, the existence of competitive equilibrium fundamentally depends on agents' substitution effects, not their income effects. Our Equilibrium Exis…
Collective Dynamics of Dark Web Marketplaces
Abeer ElBahrawy, Laura Alessandretti, Leonid Rusnac +3
Dark markets are commercial websites that use Bitcoin to sell or broker transactions involving drugs, weapons, and other illicit goods. Being illegal, they do not offer any user pr…