2 papers
cs.GT2019
A General Framework for Endowment Effects in Combinatorial Markets
Tomer Ezra, Michal Feldman, Ophir Friedler
The endowment effect, coined by Nobel Laureate Richard Thaler, posits that people tend to inflate the value of items they own. This bias was studied, both theoretically and empiric…
cs.GT2018
99\% Revenue via Enhanced Competition
Michal Feldman, Ophir Friedler, Aviad Rubinstein
A sequence of recent studies show that even in the simple setting of a single seller and a single buyer with additive, independent valuations over items, the revenue-maximizing…