Investing Over-the-Counter—and Under the Radar
In most markets, buyers and sellers benefit from soliciting many offers. New research shows why the opposite is true for OTC traders.
Researchers: Markus Baldauf and Joshua Mollner
December 11, 2023
How Auctions Help Solve Some of the World’s Most Complicated Problems
Whenever you turn your lights on, query Google, or stream a video on your phone, it’s likely an auction happened in the background. Our faculty discuss the decades of research that helped make auctions so ubiquitous.
Researchers: Robert Weber, Jeroen Swinkels, Sandeep Baliga, James Schummer and Joshua Mollner
November 11, 2020
What Is “Auction Theory,” and What Kinds of Questions Can It Answer?
The recent Nobel put the field of auction theory in the spotlight. An economist explains how it works, using his own research as a guide.
Researchers: Paul Milgrom and Joshua Mollner
October 29, 2020
Some High-Frequency Trading Strategies Can Damage the Stock Market’s Health
But a small tweak to how trading orders are processed could help.
Researchers: Markus Baldauf and Joshua Mollner
September 3, 2019