4 papers
The Source of Data Value: Consumer Disclosure, Access Design, and Platform Monetization
Hexiao Liu, Lijian Lu, Mingzheng Wang
Digital marketplaces increasingly earn revenue from transaction commissions and seller-facing data services. Sellers may purchase data to increase revenue or avoid competing with a…
Payment Design under Belief Disagreement: Rent Placement, Bid Resolution, and Auction Choice
Lijian Lu, Ce Zhang
When auction bidders misperceive their rivals, a seller can change not only the amount of information rent but also the states in which it is delivered. We ask when this payment-de…
From Optimization to Satisficing: Robust Screening under Distributional Ambiguity
Shumin Ma, Daniel Zhuoyu Long, Lijian Lu
This study investigates a robust screening problem under distributional ambiguity, where a seller is uncertain about a buyer's true valuation distribution, knowing only that it lie…
Service Deployment in the On-Demand Economy: Employees, Contractors, or Both?
Lijian Lu, Xin Weng, Li Xiao
The recent advancements in mobile/data technology have fostered a widespread adoption of on-demand or gig service platforms. The increasingly available data and independent contrac…