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econ.GN2025
The Walras-Bowley Lecture: Fragmentation of Matching Markets and How Economics Can Help Integrate Them
Yuichiro Kamada, Fuhito Kojima, Akira Matsushita
Fragmentation of matching markets is a ubiquitous problem across countries and across applications. In order to study the implications of fragmentation and possibilities for integr…
econ.TH2025
Bertrand Menu Competition
Fuhito Kojima, Bobak Pakzad-Hurson
We study a variation of the price competition model a la Bertrand, in which firms must offer menus of contracts that obey monotonicity constraints, e.g., wages that rise with worke…