Tarek Amr

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Without a good market design, individual participants may still find it profitable to go a little early and engage in a kind of claim jumping. That’s why self-control is not a solution: you can control only yourself, and if others jump ahead of you, it might be in your self-interest to respond in kind. These early movers become the equivalent of the Sooners in the Oklahoma Land Rush.
Who Gets What - And Why: The Hidden World of Matchmaking and Market Design
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