Monday, July 9, 2012

Who Gets What: the new economics of matchmaking and market design: Public Lecture

Sydney Ideas (Public Lecture): Who Gets What: the new economics of matchmaking and market design

What are markets and marketplaces? How do they work? How do they fail? How can we fix them when they’re broken? In recent years economists have stepped forward as market designers to try to craft answers to these questions. These questions are particularly difficult for matching markets, which are markets in which you can’t just choose what you want, but also have to be chosen. If a market has an application or selection procedure, it’s a matching market, and matching markets determine some of the most important transitions in life. Who goes to which schools and universities? Who gets which jobs? Who gets scarce organs for transplant? Professor Alvin Roth illustrates with examples of recent market designs, in school choice, labor markets and kidney exchange in the US.

And here's the press release: Harvard expert on making life changing markets work

Here's your invitation.
  • Date: Tuesday 10 July, 2012
  • Time: 6.00pm to 7.30pm
  • Venue: Law School Foyer, Eastern Avenue, the University of Sydney (Click here for venue information)
  • Cost: This event is free and open to all, with no ticket or booking required. Seating is unreserved and entry is on a first come, first served basis.

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