“…8 In this spirit our work is related in approach, if not subject matter, to research in market design on topics such as spectrum auctions (Ausubel, Cramton and Milgrom, 2006;Levin and Skrzypacz, 2016;Milgrom and Segal, 2019), school choice (Abdulkadiroğlu and Sönmez, 2003;Abdulkadiroğlu, Agarwal and Pathak, 2017;Kapor, Neilson and Zimmerman, 2020), kidney exchange (Roth, Sönmez and Ünver, 2004;Agarwal et al, 2019;Akbarpour et al, 2019), course allocation (Sönmez and Ünver, 2010;Budish, 2011;Budish et al, 2017), online advertising (Edelman, Ostrovsky and Schwarz, 2007;Athey and Ellison, 2011), and transportation (Hall, 2018;Ostrovsky and Schwarz, 2018). There is also a burgeoning literature specifically on market design issues in financial markets.…”