Wednesday, March 9, 2016

Who Gets What and Why at the European School of Management and Technology (ESMT), in Berlin.

I'm in Berlin to speak about Who Gets What and Why...

Wednesday, March 09, 2016, 07:00 pm

Who Gets What and Why: The New Economics of Matchmaking and Market Design

AMERICAN ACADEMY BOOK PRESENTATION

In his lecture, Alvin E. Roth shines a light on the everyday world of matching markets in diverse areas such as organ donation, public school choice programs, college admissions, employment, and online dating. Unlike commodity markets such as stocks and bonds, where price alone determines who gets what, in a matching market you are not free to choose but must also be chosen. Roth is in the forefront of the “market design” school, which aims to solve problems plaguing matching markets that are not “thick” enough (lacking sufficient participants) or suffer from “congestion” (an overwhelming range of options). As an example, he points out that over 100,000 people in the U.S. are waiting for kidney transplants, yet only about 11,000 non-directed kidneys become available each year. Using market design principles, Roth helped design the New England Program for Kidney Exchange. As another example, he examines the college application process, a vicious cycle in which, as students apply to more colleges, acceptance rates go down. After reading Roth’s book, readers may or may not make better matches, but they will better understand how matching markets work.
Moderated by Christoph von Marschall, Managing Editor, Der Tagesspiegel
In cooperation with Siedler Verlag and the European School of Management and Technology (ESMT).
Who Gets What and Why: The New Economics of Matchmaking and Market Design will be released
in March 2016 by Siedler Verlag as Wer kriegt was und warum? Bildung, Jobs und Partnerwahl: Wie Märkte funktionieren.
The lecture will take place at the European School of Management and Technology (ESMT), Schloßplatz 1, 10178 Berlin.

See also  ESMT Open Lecture und Buchpräsentation mit Wirtschaftsexperte und Nobelpreisträger Alvin E. Roth

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