Monday, December 3, 2018

Arrow Lecture at Columbia (video): Market design (with discussion by Parag Pathak and Joe Stiglitz)

Here's a video of the lecture I gave on Columbia on November 8, in honor and in memory of Ken Arrow. My title was "Market Design in Large Worlds: The Example of Kidney Exchange."
My discussants were Parag Pathak and Joe Stiglitz, and you can see them too.
I used slides (and so did Parag), but they don't seem to have made it fully onstage in the video.  But the audio is good, and you can see how good looking we all are...

The theme of my talk is that one big lesson of market design is that participants have big strategy sets, and this has implications for, among other things, how marketplaces need to be adaptively maintained.  One of Parag's examples in his discussion is how more NYC schools have begun to screen students since more effective choice was introduced, and how this may sometimes work against the goals that increased choice was intended to achieve (so that the NYCDOE is working to reduce screening by schools...).

No comments: