Benjamin Edelman, Michael Ostrovsky, Michael Schwarz, Thank Drew Fudenberg, Louis Kaplow, Robin Lee, ...
We investigate the “generalized second-price ” (GSP) auction, a new mechanism used by search engines to sell online advertising. Although GSP looks similar to the Vickrey-Clarke-Groves (VCG)...
Muriel Niederle, Martin Osborne, Ariel Pakes, Jack Porter, Jean-francois Richard, Uri Rothblum, ...
on the Internet Auctions on the Internet provide a new source of data on how bidding is in � uenced by the detailed rules of the auction. Here we study the second-price auctions run by eBay and...
Alvin E. Roth, Axel Ockenfels, Seungjin Han, Ehud Kalai, Eric Maskin, Muriel Niederle, ...
Stanford, and Wellesly. We also thank two anonymous referees for very helpful comments, the many bidders who allowed us to interview them, and the readers of a New York Times column by Hal Varian and...
Abstract Three Price Anomalies in the Used Car Market (2007)
Peter Kooreman, Marco Haan, Peter Earl, Discussions David Laibson, Muriel Niederle, Bert Schoonbeek, ...
Using two different samples- one based on newspaper advertisements, the other Internet-based- we identify three price anomalies on the used car market in The Netherlands. First, prices of used cars...
Muriel Niederle, Alvin E. Roth
reduces the scope of an entry level labor market:
Benjamin Edelman, Michael Ostrovsky, Michael Schwarz, Thank Drew Fudenberg, Louis Kaplow, Robin Lee, ...
We investigate the “generalized second-price ” (GSP) auction, a new mechanism used by search engines to sell online advertising. Although GSP looks similar to the Vickrey-Clarke-Groves (VCG)...
Teaching auction strategy using experiments administered via the internet (2004)
Asker, John, Grosskopf, Brit, McKinney, C. Nicholas, Niederle, Muriel, Roth, Alvin E., Weizsacker, Georg
The authors present an experimental design used to teach concepts in the economics of auctions and implications for e-Business procurement. The experiment is easily administered and can be adapted to...
Teaching auction strategy using experiments administered via the internet (2004)
Asker, John, Grosskopf, Brit, McKinney, C. Nicholas, Niederle, Muriel, Roth, Alvin E., Weizsacker, Georg
The authors present an experimental design used to teach concepts in the economics of auctions and implications for e-Business procurement. The experiment is easily administered and can be adapted to...
The Gastroenterology Fellowship Match: How it failed, and why it could succeed once again (2004)
Muriel Niederle, Alvin E. Roth
The market for gastroenterology (GI) fellows adopted a centralized Match in 1986, and abandoned it in the late 1990s. We discuss why the Match initially was adopted, how and why it broke down, what...
Muriel Niederle, Alvin E. Roth
The entry-level market for American gastroenterologists was organized by a centralized clearinghouse from 1986-96. Before, and since, it has been conducted via a decentralized market in which...
Information transmission and market design / (2002)
Thesis (Ph. D., Dept. of Economics)--Harvard University, 2002.
Teaching auction strategy using experiments administered via the Internet (2002)
John Asker, Brit Grosskopf, Carl N. Mckinney, Muriel Niederle, Alvin E. Roth, Georg Weizsäcker
This article presents an experimental setup that has been used successfully to teach concepts in the economics of auctions, and implications for e-Business procurement. The experiment is easily...
Miguel Costa-gomes, Klaus G. Zauner, Oscar Jorda, Muriel Niederle, Pedro Pereira, Georg Weizsacker
We thank Alvin Roth for providing us with the data sets of the Roth, Prasnikar, Okuno-Fujiwara, and Zamir (1991) ultimatum game experiments. We arevery grateful to Vincent Crawford, Joel Sobel, and...
Income-Tax Enforcement With a Self-Interested Auditor (1999)
Muriel Niederle, Martin Summer
Practical problems of income tax enforcement are characterized by the fact that auditing of tax payers has to be done by employees of the enforcement authority who may not be motivated to act in...
A Theory Of Sequential Reciprocity* (1998)
Martin Dufwenberg Georg, Georg Kirchsteiger, Jel Codes A, Manfred Nermuth, Muriel Niederle, Matthew Rabin, ...
Many experimental studies indicate that people are motivated by reciprocity. Rabin (1993) develops techniques for incorporating such concerns into game theory and economics. His theory is developed...
Do Women Shy Away From Competition? Do Men Compete Too Much?
Muriel Niederle, Lise Vesterlund
Competitive high ranking positions are largely occupied by men, and women remain scarce in engineering and sciences. Explanations for these occupational differences focus on discrimination and...
Do Market Institutions Adapt Efficiently to Transaction Costs?
Georg Kirchsteiger, Muriel Niederle, Jan Potters
We study an experimental market with an endogenous institution. In particular, the information and matching structure of the market is determined by the decisions of the individual traders. We...
Market Culture: How Norms Governing Exploding Offers Affect Market Performance
Muriel Niederle, Alvin E. Roth
Many markets have organizations that influence or try to establish norms concerning when offers can be made, accepted and rejected. Examining a dozen previously studied markets suggests that markets...
Unraveling Reduces Mobility in a Labor Market: Gastroenterology with and without a Centralized Match
Muriel Niederle, Alvin E. Roth
The entry-level market for American gastroenterologists was organized by a centralized clearinghouse from 1986 to 1996. Before, and since, it has been conducted via a decentralized market in which...
An Experimental Study of Information in Bargaining
Muriel Niederle, Guillaume Frechette, Uri Gneezy
Scores of experimental studies in two player bargaining games have shown the importance of fair outcomes in complete information environments. However, the case of complete information may be a...
Competitive Wages in a Match with Ordered Contracts
Following the recently dismissed antitrust lawsuit against the National Residency Matching Program (NRMP), Jeremy Bulow and Jonathan Levin (2006) propose a simple matching model in which firms set...
Do Women Shy Away from Competition? Do Men Compete Too Much?
Muriel Niederle, Lise Vesterlund
We examine whether men and women of the same ability differ in their selection into a competitive environment. Participants in a laboratory experiment solve a real task, first under a noncompetitive...
Market Institutions and Quality Enforcement
Rudolf Kerschbamer, Muriel Niederle, Josef Perktold
A competitive market for an experience good is considered where high quality is enforced by repeated game trigger strategies. The goods are demanded by long run (LR) and short run (SR) customers, the...
Do Women shy away from Competition?
Lise Vesterlund, Muriel Niederle
Despite sustained efforts of equal opportunities for men and women, large gender differences prevail in competitive high ranking positions. Possible explanations include discrimination, differences...
Performance In Competitive Environments: Gender Differences
Uri Gneezy, Muriel Niederle, Aldo Rustichini
Even though the provision of equal opportunities for men and women has been a priority in many countries, large gender differences prevail in competitive high-ranking positions. Suggested...
The Effects of a Centralized Clearinghouse on Job Placement, Wages, and Hiring Practices
Muriel Niederle, Alvin E. Roth
New gastroenterologists participated in a labor market clearinghouse (a "match") from 1986 through the late 1990's, after which the match was abandoned. This provides an opportunity to study the...
Can Relaxation of Beliefs Rationalize the Winner’s Curse?: An Experimental Study
Asen Ivanov, Dan Levin, Muriel Niederle
We use a second-price common-value auction, the maximal game, to experimentally study whether the Winner’s Curse (WC) can be explained by models which retain best-response behavior but allow for...
Muriel Niederle, Alvin E. Roth
From 1986 through 1997 the entry-level market for American gastroenterologists was organized by a centralized clearinghouse. Before, and since, it has been conducted via a decentralized market in...
The collapse of a medical clearinghouse (and why such failures are rare)
C. Nicholas McKinney, Muriel Niederle, Alvin E. Roth
The collapse of the clearinghouse for the entry-level gastroenterology labor market offers a unique opportunity to study how stable clearinghouses succeed and fail. To explore the reasons for the...
Competitive Wages in a Match with Ordered Contracts
A recent antitrust lawsuit against the National Residency Matching Program renewed interest in understanding the effects of a centralized match on wages of medical residents. Bulow and Levin...
Gender Differences in Seeking Challenges: The Role of Institutions
Muriel Niederle, Alexandra H. Yestrumskas
We examine whether women and men of the same ability differ in their decisions to seek challenges. In the laboratory, we create an environment in which we can measure a participants performance level...
How Costly is Diversity? Affirmative Action in Light of Gender Differences in Competitiveness
Muriel Niederle, Carmit Segal, Lise Vesterlund
Recent research documents that while men are eager to compete, women often shy away from competitive environments. A consequence is that few women enter and win competitions. Using experimental...
Ex Ante Efficiency in School Choice Mechanisms: An Experimental Investigation
Clayton Featherstone, Muriel Niederle
Criteria for evaluating school choice mechanisms are first, whether truth-telling is sometimes punished and second, how efficient the match is. With common knowledge preferences, Deferred Acceptance...
Teaching Auction Strategy Using Experiments Administered via the Internet
John Asker, Brit Grosskopf, C. Nicholas McKinney, Muriel Niederle, Alvin E. Roth, Georg Weizsäcker
The authors present an experimental design used to teach concepts in the economics of auctions and implications for e-Business procurement. The experiment is easily administered and can be adapted to...
Decentralized Matching with Aligned Preferences
We study a simple model of a decentralized market game in which firms make directed offers to workers. We focus on markets in which agents have aligned preferences. When agents have complete...
Unraveling Results from Comparable Demand and Supply: An Experimental Investigation
Muriel Niederle, Alvin E. Roth, M. Utku Ãœnver
Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers....
Market Culture: How Rules Governing Exploding Offers Affect Market Performance
Muriel Niederle, Alvin E. Roth
Many markets encounter difficulty maintaining a thick marketplace because they experience transactions made at dispersed times. To address such problems, many markets try to establish norms...
Unraveling Results from Comparable Demand and Supply: An Experimental Investigation
Muriel Niederle, Alvin E. Roth, M. Utku Ünver
Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers....