Saturday, March 30, 2013
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I post market design related news and items about repugnant markets. See my Stanford profile. I have a forthcoming book : Moral Economics The subtitle is "From Prostitution to Organ Sales, What Controversial Transactions Reveal About How Markets Work."
1 comment:
Currently, the US will sell to immigrants US Citizenship if the immigrant can invest a $1 million dollars to produce 10 jobs within 2 years.
Citizenship cannot be bought - straight out; you have to be also chosen by the State.
So, it looks like a repugnant trade embedded in a matching market.
Could you point me to some articles on designing this type of market?
Thanks.
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