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BEGIN:VEVENT
UID:a3ee849d33c5871ce3372e2c4be5ccf9
CATEGORIES:Seminars
CREATED:20171103T155844
SUMMARY:Lunch Seminar: Sergei Severinov - University of British Columbia
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:<p style="text-align: justify;"><strong><span style="font-size: 11pt; font-
 family: 'Calibri','sans-serif';">Bilateral Communication and Partnership Fo
 rmation</span></strong></p><p style="text-align: justify;"><strong><span st
 yle="font-size: 11pt; font-family: 'Calibri','sans-serif';">Abstract:</span
 ></strong><span style="font-size: 11pt; font-family: 'Calibri','sans-serif'
 ;"><br /> We consider match formation between two parties, such as marriage
 , merger or partnership formation. Each party has private information about
  the value of the match, which creates friction in the matching process. We
  focus on the role of bilateral communication in this setting and investiga
 te how such communication should be organized in order to improve the match
 ing process. Different communication protocols are considered, and their ou
 tcomes are characterized. Our main results indicate that a simple communica
 tion protocol which involves one round of communication is sufficient, in t
 he sense that the matching outcome is invariant to length and order of comm
 unication. Our analysis also provides a perspective on the role of a neutra
 l mechanism designer or a mediator in this process.</span></p>
DTSTAMP:20260405T183455Z
DTSTART:20171108T130000Z
DTEND:20171108T140000Z
SEQUENCE:0
TRANSP:OPAQUE
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