Market Design

Auctions: This is the process of buying and selling goods or services by offering them up for bid and then accepting the highest bidder.

Matching Markets: This is the field of market design that deals with situations where there are more than two parties involved in a transaction.

Mechanism Design: This is a branch of game theory that studies the design of rules and institutions that encourage people to act in desirable ways.

Variations in Pricing Mechanisms: This involves deciding on the best way to set prices in a market, which could involve fixed pricing or auction-style pricing.

Design of Incentive Schemes: This is the process of structuring payments or rewards to encourage people to work harder, produce more or reduce costs.

Allocation of Resources: This concerns the allocation of scarce resources in the most efficient way, balancing the needs of all parties involved.

Prediction Markets: This is a type of market design that uses financial incentives to harness the collective knowledge of a group of people.

Renegotiation: This is the renegotiation of contracts when certain variables change (such as inflation or changes in commodity prices).

Fair Division: This is the process of dividing a set of goods or resources among multiple parties in such a way that each party considers their allocation fair.

Market Design for Public Goods: This is the design of markets for goods that are not excludable and therefore difficult to sell through traditional means.

Economics of Matching and Networks: This is the study of how networks of relationships affect the functioning of markets.

Bargaining and Negotiation: This is the study of how people negotiate and bargain to reach mutually agreeable outcomes.

Game Theory: This is the analysis of strategic decision-making in situations where multiple parties are involved.

Information Asymmetries: This is the situation where one party has more information than another, leading to issues of fairness and market efficiency.

Externalities: This is the impact of one party's actions on other parties involved in a transaction, including the positive and negative effects on third parties.

Auctions: Mechanism used to sell or purchase goods or services where the price is determined through competitive bidding.

Matching Markets: Market design concerns with assigning goods to agents based on different preferences and characteristics, such as school choice, kidney exchange, etc.

Combinatorial Auctions: The market design for selling multiple items or goods simultaneously using auctions.

Market-Based Policies: Market-facilitating approach for public policy making to manage externalities and induce desired behavior.

Spectrum Auctions: Auctions for the allocation of radio spectrum for telecommunications.

Trading Mechanisms: Markets for trading goods, services or financial instruments such as stock markets or patent exchanges.

Algorithmic Game Theory: Designing mechanisms for self-interested and strategic players in a market environment.

Mechanism Design: Designing rules, structures and incentives to elicit desired behaviors for public policy objectives.

Incentive Design: Designing incentives to overcome moral hazard or adverse selection problems, e.g., the use of performance-based or pay-for-performance contracts.

Information Design: Designing information in a market for the efficient exchange of information, e.g., online advertising and search engines.

Market Microstructure: Study of the organization and functioning of marketplaces, such as rules about price discovery, matching, and trading.

Social Choice Theory: Designing mechanisms for collective decision-making, such as voting or ranking systems.