Market Design, Human Behavior and Management

Yan Chen, Peter Cramton, John List and Axel Ockenfels

Artefactual Field Experiments from The Field Experiments Website

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.

Date: 2020
New Economics Papers: this item is included in nep-des, nep-exp and nep-hpe
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Citations: View citations in EconPapers (6)

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Related works:
Journal Article: Market Design, Human Behavior, and Management (2021)
Working Paper: Market Design, Human Behavior, and Management (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:feb:artefa:00685

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