Research Interests: Matching, Incomplete Information
Assistant Professor: University of Notre Dame
Email: pingandrew[at]gmail[dot]com
My CV
Research Interests: Matching, Incomplete Information
Assistant Professor: University of Notre Dame
Email: pingandrew[at]gmail[dot]com
My CV
I introduce a framework for studying transient matching in decentralized markets where workers learn about their preferences through experience. Limits on the number of available positions force workers to compete over matches. Each capacity-constrained firm employs workers whose match value exceeds a threshold. Since employment offers both payoff and information benefits, workers face a multi-armed bandit problem. Each firm acts as a bandit where the probability of ``success'' at the firm is driven by market competition. Equilibria are inefficient because competition depresses the level of search. Interventions designed to improve efficiency are effective in uncongested markets, but can fail when congestion is severe. Reducing congestion through unemployment benefits, depresses search in vertical markets. Headhunters have differential effects depending on workers’ quality, conclusively improving outcomes for low-quality workers.
How should a planner choose the composition of scarce goods when an application both claims a good and reports the applicant's private type? We study a dynamic matching model in which agents prefer one of several good types, choose queues, and receive goods by lottery within queues. The planner controls supply over time, minimizing mismatch and unassignment. In Markovian lottery mechanisms, responsive supply creates an incentive problem: supplying only the currently over-demanded good encourages agents to join the popular queue to avoid waiting. The optimal mechanism in this class therefore sometimes supplies the under-demanded type, despite risking temporary unassignment. Batching applications increases market thickness, helping the planner equalize expected waiting times across queues.
We study strategic interactions in decentralized matching markets, where firms make directed offers to workers and agents' preferences are aligned. We show that stable outcomes can be achieved through decentralized interactions if either information frictions or time frictions are absent. When both frictions are present, stable outcomes are attainable with sufficient richness of plausible preference profiles. However, unique implementation requires more stringent conditions on market interactions. Additionally, simulations demonstrate that strategic decentralized interactions lead to stability much faster than the naïve best-response dynamics that the literature has focused on.
Public Housing at Scale, 2023, with Kwok Hao Lee and Luther Yap
We consider the design of a large-scale public housing program where consumers face dynamic tradeoffs over apartments rationed via lotteries and prices. We show, theoretically and empirically, that changing rules complements increasing supply. First, we present a motivating example in which supplying more housing leads households to strategically delay their applications. By waiting for “better” developments arriving tomorrow, households forgo mediocre developments available today, resulting in more vacancies. Turning to the data from the mechanism, we formulate a dynamic choice model over housing lotteries and estimate it. Under the existing mechanism, we find that increasing supply fails to lower wait times. However, when a strategyproof mechanism is implemented, vacancies and wait times fall, but prices on the secondary market rise. Under this new mechanism, building more apartments lowers wait times and reduces the upward pricing pressure on the secondary market.
Evident Competition, 2024, with Clara Nguyen, and Erez Yoeli
United States civil courts rely on an adversarial system where two parties in a lawsuit obtain and present evidence according to a process known as discovery. Two discovery regimes are predominantly used: voluntary disclosure, which does not require parties to reveal all evidence in their possession, and formal discovery, which does. How do these regimes influence the extent of the parties' search for evidence and the information available to the judge? We find that each regime has its advantages: Voluntary disclosure tends to provide a stronger incentive to search relative to formal discovery, but formal discovery ensures the judge is better informed conditional on the evidence found. Furthermore, the quality of evidence plays an important role, when evidence is decisive for the judge, parties are encouraged to search more and present more evidence. Our results can help explain the legal literature's inconclusive findings on the relationship between disclosure and settlement.
Completed Papers
DyPy, 2020, with Anjalika Nande, Eric Lubin, Erez Yoeli, and Martin Nowak
We've developed a python library for simulating matrix form games! DyPy is an open source Python software library that is hosted on Github at https://github.com/anjalika-nande/dynamics_sim. The package is designed to make it simple to run evolutionary game theory simulations to model populations undergoing biological and cultural evolution in a range of fields, from biology to economics to linguistics. Detailed documentation for each command in the library, sample code for exemplary simulations and a Wiki is provided in the Github repository. Improvements through pull requests and suggestions for additional functionality are encouraged.
Geometric Invariants of Numerical Semigroups, 2016, with Maksym Fedorchuk and Jian Zhou
A natural invariant of a unibranch curve singularity is the numerical semigroup of its valuations. In the case when the curve singularity admits a GGm-action, this semigroup also determines the singularity uniquely. A rational-valued function on curve singularities with GGm-action that leads to an ordering of singularities according to their geometric complexity was proposed. We explore this function and give a classification of those numerical semigroups for which the values of this function are above a certain threshold.