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  • 01 Dec 2009
  • News

Faculty Books

Dealmaking Strategies for a Competitive Marketplace by Guhan Subramanian (W.W. Norton) Today’s marketplace is filled with business transactions that include elements of both negotiations and auctions, yet... View Details
Keywords: Air Transportation; Transportation
  • 05 Apr 2016
  • News

A Business Plan with Spice

saffron fields of Afghanistan as cofounders of Rumi Spice, a company which imports one of the world’s most expensive foodstuffs and markets it to top chefs. “Connecting Afghan farmers to the international marketplace is something that's... View Details
  • 14 Jun 2017
  • Working Paper Summaries

Minimizing Justified Envy in School Choice: The Design of New Orleans' OneApp

Keywords: by Atila Abdulkadiroglu, Yeon-Koo Che, Parag A. Pathak, Alvin E. Roth, and Oliver Tercieux; Education
  • December 2024
  • Article

Respect for Improvements and Comparative Statics in Matching Markets

By: Scott Duke Kominers
One of the oldest results in the theory of two-sided matching is the entry comparative static, which shows that under the Gale–Shapley deferred acceptance algorithm, adding a new agent to one side of the market makes all the agents on the other side weakly... View Details
Keywords: Market Entry and Exit; Marketplace Matching; Mathematical Methods; Market Design
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  • Winter 2013
  • Article

The New Patent Intermediaries: Platforms, Defensive Aggregators and Super-Aggregators

By: Andrei Hagiu and David B. Yoffie
The patent market consists mainly of privately negotiated, bilateral transactions, either sales or cross-licenses, between large companies. There is no eBay, Amazon, New York Stock Exchange, or Kelley's Blue Book equivalent for patents, and when buyers and sellers do... View Details
Keywords: Intellectual Property; Platforms; Intermediaries; Aggregator; Patents; Digital Platforms; Marketplace Matching; Distribution Channels
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  • 01 Oct 1998
  • News

A Business World Gone Global

Today, even small firms dare to think globally and invest accordingly - closing deals in Dubai has become almost as commonplace as doing business in Dubuque, thanks to quantum leaps in travel and transport, geopolitics, and communications. With the new global View Details
  • 05 Dec 2016
  • News

How to Start a Tech Company Without Tech Experience

(photo via Twitter) (photo via Twitter) Rob Biederman (MBA 2014) and his fellow HBS cofounders didn’t have any tech experience when they launched the online freelance marketplace HourlyNerd. Three years later the company, now known as... View Details
  • 01 Dec 2017
  • News

Case Study: The Doctor Deficit

that today’s nurse shortage could reach 1.2 million vacancies in the same time frame. Alexi Nazem (MBA 2011) has seen the impact of these shortages firsthand. “Health care is a very broken system,” says the doctor and cofounder of Nomad Health, an online View Details
Keywords: April White
  • 01 Nov 2013
  • News

Selling Crafts with a Story

turned into Brika.com, an online marketplace featuring everything from handmade tea towels and dishes to tote bags and "Mr. T" onesies for baby. Brika, which takes its name from the Spanish word for factory, fabricá (they just loved the... View Details
Keywords: Maureen Harmon; crafts; hobbies; ecommerce; Miscellaneous Store Retailers; Retail Trade; Arts, Entertainment
  • 2008
  • Working Paper

Unraveling Yields Inefficient Matchings: Evidence from Post-season College Football Bowls

By: Guillaume R. Frechette, Alvin E. Roth and M. Utku Unver
Many markets have "unraveled" and experienced inefficient, early, dispersed transactions, and subsequently developed institutions to delay transaction timing. However, it has previously proved difficult to measure and identify the resulting efficiency gains. Prior to... View Details
Keywords: Games, Gaming, and Gambling; Television Entertainment; Market Timing; Market Transactions; Marketplace Matching; Sports Industry
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  • July 1996
  • Case

Edmund's--www.edmunds.com

Edmund's publishes an automobile price guide in books (600,000 units per year) and over the Internet (16,000 users a day and growing). The site can be visited at www.edmunds.com. In the marketplace, it makes money selling books. In the marketspace, they make their... View Details
Keywords: Business or Company Management; Digital Platforms; Marketplace Matching; Information Publishing; Information Industry; Auto Industry
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  • 2011
  • Working Paper

Better-reply Dynamics in Deferred Acceptance Games

In this paper we address the question of learning in a two-sided matching mechanism that utilizes the deferred acceptance algorithm. We consider a repeated matching game where at each period agents observe their match and have the opportunity to revise their strategy... View Details
Keywords: Learning; Marketplace Matching; Outcome or Result; Game Theory; Mathematical Methods; Strategy
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  • February 2024
  • Article

An Economic Framework for Vaccine Prioritization

By: Mohammad Akbarpour, Eric Budish, Piotr Dworczak and Scott Duke Kominers
We propose an economic framework for determining the optimal allocation of a scarce supply of vaccines that become gradually available during a public health crisis, such as the Covid-19 pandemic. Agents differ in observable and unobservable characteristics, and the... View Details
Keywords: Vaccine; Fairness; Public Finance; Public Goods; Allocation Problems; Allocative Efficiency; Allocation Rules; Social Welfare; Pandemics; Inequality; COVID-19; COVID-19 Pandemic; Public Sector; Resource Allocation; Market Design; Marketplace Matching; Public Administration Industry
Related
  • 2017
  • Working Paper

Minimizing Justified Envy in School Choice: The Design of New Orleans' OneApp

By: Atila Abdulkadiroglu, Yeon-Koo Che, Parag A. Pathak, Alvin E. Roth and Oliver Tercieux
In 2012, New Orleans Recovery School District (RSD) became the first U.S. district to unify charter and traditional public school admissions in a single-offer assignment mechanism known as OneApp. The RSD also became the first district to use a mechanism based on Top... View Details
Keywords: Education; Decision Choices and Conditions; Marketplace Matching; Mathematical Methods; Design
Related

    Joseph I. Miller

    Under Miller’s direction, Cummins Engine was transformed from a small domestic engine producer to the largest provider of diesel truck engines in the world. He dramatically expanded the company’s presence in the international marketplace... View Details
    Keywords: Fabricated Goods
    • 19 Sep 2016
    • News

    A Streamlined Time Inc.

    vice president of Time Inc. and president of brands, laid out his vision for a more efficient and innovative future for the 94-year-old media company: “There’s clearly some disruption going on in the marketplace and we’re making some... View Details
    • 10 Jun 2022
    • Blog Post

    New Venture Competition 2022: Business and Environment Ventures

    a robust ecosystem with a mobile app that brings together all the participants in the marketplace and controls the entire ecosystem of vehicles, batteries and charging seamlessly. Green Science AllianceRyohei Mori, GMP 2021We are the... View Details
    • 01 Feb 2001
    • News

    Ready for Take-Off

    marketplace matching educational institutions with student-loan lenders and lenders with secondary markets. Caroline A. Oberg (MBA '98) of ODAC, Inc., a software solution transforming the advertising media procurement process. Kristin S.... View Details
    Keywords: Spingboard

      Fred DeLuca

      Hoping to earn enough money to go to college, DeLuca borrowed $1,000 from a family friend and opened his first sub shop in 1965. Though he struggled for a few years, he did pay his way through college. After graduation, DeLuca jumped on the franchising boon in the fast... View Details
      Keywords: Food & Tobacco
      • 01 Mar 2017
      • News

      Starting Lineup: No Reservations

      Illustrations by Drue Wagner The Company The Founder The Pitch The News EatWith CEO Susan Kim (MBA 2003) Founded 2012 This online marketplace allows cooks to sell seats at their dinner tables. TripAdvisor is the latest investor in this... View Details