I consider to slowly migrate over here. So I created a market design starter pack (very broadly defined). Let me know if you want to be added. (This is a repost because I forgot the link the first time) bsky.app/starter-pack...#Econsky
Forgot to add the link: go.bsky.app/HbG7d92
I created a small market design starter pack 🙆♂️ go.bsky.app/HbG7d92
I consider to slowly migrate over here. So I created a market design starter pack (very broadly defined). Let me know if you want to be added.
For Bluesky-Curious Econ Lovers, a Quick Start guide to plugging into the economics community here. I wrote it hoping to lower the costs & boost the benefits for folks to engage here. If you think it's useful, please share it. 📉📈 #️⃣#️⃣ aaronsojourner.org/for-bluesky-...
This Quick Start guide aims to help econ lovers easily join Bluesky’s growing economics community. The Bluesky User FAQ covers generic basics, like how to start an account. This guide orients you to e...
If you don't like the application, you can just read it as a mechanism-design theory paper on how to sell a club good with network effects 🤷 I am trying to cross-post on here, because twitter becomes more and more annoying. (6/6)
We rationalize monetisation features seen in practice: donations (users are willing to pay different prices for exactly the same content), community subsidies (users subsidize others when NE are ➕), and exclusivity bids (users pay to exclude others when NE are ➖). (5/6)
With a single parameter, we vary the size and direction of network effects (NE) to cover all cases between the benchmark of a fully rival and excludable good (private: Myerson 81) and a fully non-rival and non-excludable good (public: Güth & Hellwig 86). (4/6)
The creator is a mechanism designer selling an excludable and non-rival network good. Buyers' heterogeneous values also depend on how many others consume. We characterize the optimal allocation with an algorithm and show how to implement it in dominant strategies. (3/6)
With @bseberlin.bsky.socialarxiv.org/abs/2408.15196 (2/6)
We design the profit-maximizing mechanism to sell an excludable and non-rival good with network effects. Buyers have heterogeneous private values that depend on how many others also consume the...
Only few creators make 💸💸💸 from their digital content forbes.com/sites/steven... but most creators cannot live from content creation. Hence, platforms experiment with monetisation schemes to also make this a viable career when audiences are small. So we wrote a paper. (1/6)
The Social media stars who are making millions in the Creator across Instagram, TikTok, YouTube, Spotify and Twitch turning followers into fortunes.