2 papers
econ.TH2026
No Screening is More Efficient with Multiple Objects
Shunya Noda, Genta Okada
We study efficient mechanism design for allocating multiple heterogeneous objects. The aim is to maximize the residual surplus, the total value generated from an allocation minus t…
econ.TH2025
Dynamic User Competition and Miner Behavior in the Bitcoin Market
Yuichiro Kamada, Shunya Noda
We develop a dynamic model of the Bitcoin market where users set fees themselves and miners decide whether to operate and whom to validate based on those fees. Our analysis reveals…