Simon Loertscher

Asymptotically optimal prior-free asset market mechanisms

S Loertscher, LM Marx

Journal article  |  2023  |  Games and Economic Behavior

We develop a prior-free mechanism for an asset market that is dominant-strategy incentive compatible, ex post individually rationa..

When Walras meets Vickrey

David Delacrétaz, Simon Loertscher, Claudio Mezzetti

Journal article  |  2022  |  Theoretical Economics

We consider general asset market environments in which agents with quasilinear payoffs are endowed with objects and have demands f..

Double Markups, Information, and Vertical Mergers

S Loertscher, LM Marx

Journal article  |  2022  |  Antitrust Bulletin

In vertical contracting models with complete information and linear prices, double markups that arise between independent firms pr..

To sell public or private goods

Simon Loertscher, Leslie M Marx

Journal article  |  2022  |  REVIEW OF ECONOMIC DESIGN

Traditional analysis takes the public or private nature of goods as given. However, technological advances, particularly related t..

Bilateral Trade with Multiunit Demand and Supply

Simon Loertscher, Leslie M Marx

Journal article  |  2022  |  MANAGEMENT SCIENCE

We study a bilateral trade problem with multiunit demand and supply and one-dimensional private information. Each agent geometrica..

Monopoly Pricing, Optimal Randomization, and Resale

Simon Loertscher, Ellen V Muir

Journal article  |  2022  |  JOURNAL OF POLITICAL ECONOMY

We provide a parsimonious and unified explanation for randomized selling mechanisms widely used in practice yet commonly perceived..

Optimal market thickness

Simon Loertscher, Ellen Muir, Peter G Taylor

Journal article  |  2021  |  JOURNAL OF ECONOMIC THEORY

Traders that arrive over time give rise to a dynamic tradeoff between the benefits of increasing gains from trade by accumulating ..

Coordinated Effects in Merger Review

Simon Loertscher, Leslie M Marx

Journal article  |  2021  |  JOURNAL OF LAW & ECONOMICS

Coordinated effects are merger-related harms that arise because a subset of postmerger firms modify their conduct to limit competi..

A dominant strategy double clock auction with estimation-based tatonnement

Simon Loertscher, Claudio Mezzetti

Journal article  |  2021  |  THEORETICAL ECONOMICS

The price mechanism is fundamental to economics but difficult to reconcile with incentive compatibility and individual rationality..

Road to recovery: Managing an epidemic

Simon Loertscher, Ellen Muir

Journal article  |  2021  |  JOURNAL OF MATHEMATICAL ECONOMICS

Without widespread immunization, the road to recovery from the current COVID-19 lockdowns will optimally follow a path that finds ..