Decentralized markets (B04)

• Subject Area: Economic Policy, Applied Economics
• Term: since 2018
• Project identifier: Deutsche Forschungsgemeinschaft (DFG) - Project number 326731373

In this project, we analyze the workings of decentralized markets, both theoretically and empirically. We study price determination and contracting arrangements, extend existing search theory to account for learning about market conditions, and study the reduction of informational asymmetries through ratings and recommendations. We use data from online and offline marketplaces to test theories, evaluate policies, and derive implications for market design and regulation.

• DFG Programme: CRC/Transregios
• Subproject of: TRR 224: Economic Perspectives on Societal Challenges: Equality of Opportunity, Market Regulation, and Financial Stability
• Applicant Institution: Universität Mannheim
• Project Heads: Professor Dr. Stephan Lauermann; Dr. Helena Perrone, since 1/2022; Professor Dr. Sven Rady, until 12/2021; Professor Dr. Konrad Otto Stahl