arXiv Open Access 2023

Information Design for Spatial Resource Allocation

Ozan Candogan Manxi Wu
Lihat Sumber

Abstrak

In this paper, we study platforms where resources and jobs are spatially distributed, and resources have the flexibility to strategically move to different locations for better payoffs. The price of the service at each location depends on the number of resources present and the market size, which is modeled as a random state. Our focus is on how the platform can utilize information about the underlying state to influence resource repositioning decisions and ultimately increase commission revenues. We establish that in many practically relevant settings a simple monotone partitional information disclosure policy is optimal. This policy reveals state realizations below a threshold and above a second (higher) threshold, and pools all states in between and maps them to a unique signal realization. We also provide algorithmic approaches for obtaining (near-)optimal information structures that are monotone partitional in general settings.

Topik & Kata Kunci

Penulis (2)

O

Ozan Candogan

M

Manxi Wu

Format Sitasi

Candogan, O., Wu, M. (2023). Information Design for Spatial Resource Allocation. https://arxiv.org/abs/2307.08040

Akses Cepat

Lihat di Sumber
Informasi Jurnal
Tahun Terbit
2023
Bahasa
en
Sumber Database
arXiv
Akses
Open Access ✓