Marketing Department's Lecture

Theme：Convenience vs. Pleasance: Matching on Horizontal and Vertical Dimensions and The Information Design on Peer-to-Peer Platforms

Speaker：YingLei (Guanghua School of Management, Peking University)

Time：2019-04-18 10:00

Address：Room 1008, Mingde Business Building

Language：Chinese

Abstract：

We consider a two-sided decentralized matching scenario on a peer-to-peer (P2P) platform. Each of the agents on one side, called "senders", sends an offer to one of the agents on the other side, called "receivers". A match is successful if a receiver accepts an offer. Both senders and receivers are differentiated in two dimensions, a vertical attribute like quality and a horizontal attribute like location. The utility from a match increases with vertical quality and decreases with horizontal distance for both senders and receivers. We compare equilibrium strategies and welfare under different information display schemes. In addition, under the full information scheme, we also compare the decentralized and centralized matching in terms of user welfare.