Universität zu Köln

Chen, Yan, Cramton, Peter ORCID: 0000-0001-8621-1092, List, John A. and Ockenfels, Axel ORCID: 0000-0003-1456-0191 (2020). Market Design, Human Behavior, and Management. Management Science (Articles in Advance). pp. 1-32. ISSN 1526-5501

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Abstract

We review past research and discuss future directions on how the vibrant research areas of market design and behavioral economics have influenced and will continue to impact the science and practice of management in both the private and public sectors. Using examples from various auction markets, reputation and feedback systems in online markets, matching markets in education, and labor markets, we demonstrate that combining market design theory, behavioral insights, and experimental methods can lead to fruitful implementation of superior market designs in practice.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Chen, Yan UNSPECIFIED UNSPECIFIED UNSPECIFIED Cramton, Peter UNSPECIFIED orcid.org/0000-0001-8621-1092 UNSPECIFIED List, John A. UNSPECIFIED UNSPECIFIED UNSPECIFIED Ockenfels, Axel UNSPECIFIED orcid.org/0000-0003-1456-0191 UNSPECIFIED
URN:	urn:nbn:de:hbz:38-252121
DOI:	10.1287/mnsc.2020.3659
Journal or Publication Title:	Management Science
Number:	Articles in Advance
Page Range:	pp. 1-32
Date:	2020
ISSN:	1526-5501
Language:	English
Faculty:	Faculty of Management, Economy and Social Sciences
Divisions:	Faculty of Management, Economics and Social Sciences > Economics > Microeconomics, Institutions and markets > Professorship 1 for Economics Center of Excellence C-SEB
Subjects:	Generalities, Science Economics
Funders:	Horizon 2020 ERC-2016-ADG No. 741409
Projects:	Economic Engineering of Cooperation in Modern Markets/ERC-2016-ADG No. 741409
References:	Management Science. Copyright © 2020 The Author(s). https://doi.org/10.1287/mnsc.2020.3659, used under a Creative Commons Attribution License: https://creativecommons.org/licenses/by-nc-nd/4.0/.
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/25212