I'll post market design related news and items about repugnant markets. See also my Stanford profile. I have a general-interest book on market design: Who Gets What--and Why The subtitle is "The new economics of matchmaking and market design."
Someone recently sent me this old video snippet (about 30 seconds) from an interview in Stockholm in 2012. Whenever I'm asked about my high school career I try to emphasize that I'm a big fan of education, even though I didn't finish high school.
Note to the un-Facebooked: if, like me, you don't have a facebook account, you may have to close a facebook come-on before you can see the video.
Yesterday I had the pleasure of speaking about market design in the Aula Magna of the University of Padua, where Galileo lectured. Below is a video. I start to speak around minute 14:20.
Here is a video recording of my talk in Rome yesterday at the Istituto Superiore di Sanità. There are some introductions by people with vast accomplishments in Italian transplantation and kidney exchange, Giuseppe Feltrin (director of the National Transplant Center), Antonio Nicolò (professor of Economic Theory at the University of Padua) and Lucrezia Furian (Kidney and Pancreas Transplant Surgery Unit - Department of Surgical, Oncological and Gastroenterological Sciences of the University Hospital of Padua)*.
My talk begins at 27:55.
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*Although her web page didn't yet reflect this, Dr. Furian was very recently promoted to the rank of Full Professor of Surgery. Congratulations Lucrezia!
Here's a two minute video summary of an address I gave in 2014, just noticed now, which seems still pretty up to date. A lot of progress has been made through new ways of organizing transplants, and there's plenty of organizational innovation still needed.
State-of-the-Art Address - World Transplant Congress 2014
Here's a video of the talk I gave on Friday at the Simons Institute, on simple proofs of important theorems about matching, that have had impact on practical market design.
Last week I gave the opening talk of the week long Introductory Workshop at SLMath, on Mathematics and Computer Science of Market and Mechanism Design. Some of the video lectures are now online here (consisting mostly of slides and voice).
My talk introduces the general themes of market design by recounting the history and challenges facing the market for new doctors from 1900 through this year.
Berkeley's Simons Laufer Mathematical Sciences Institute (SLMath), formerly known as the Mathematical Sciences Research Institute (MSRI) has a commanding view of the SF Bay.
Professor Chiara Spina interviewed me about the use of experiments in market design (20 minute video). (We spoke about a number of experiments I collaborated on with Judd Kessler, among others.)
I'll be travelling today to Ames Iowa, to give a public lecture tomorrow evening at Iowa State University (and to attend a market design conference there on Friday and Saturday)
On May 7, 2022 the University of Chicago hosted a Symposium on "The Future of Living Donor Kidney Transplantation: Evolving National Perspectives in Kidney Transplant "
Philip Held, one of the organizers, has provided the following guide, concluding with a link to an elegant Data Handbook that gives direct access to each talk.
"A
Symposium: The Future of Living Kidney Donor Transplantation
Earlier this year, we presented a virtual
symposium on the Future of Living Kidney Donor Transplantation. A
primary focus was on the ethics of rewarding organ donors with an opening
presentation by:
·Janet Radcliffe
Richards, a philosopher and ethicist from Oxford University.
Other speakers and
topics included:
·Nobel Laureate Alvin
Roth Ph.D. of Stanford University who laid out the case forpaired
kidney donation (aka kidney exchange), the only major technical improvement in
transplantation in years.
·Frank McCormick, Ph.D. presented recently published (Value in
Health) research showing how the government can completely end the kidney
shortage and save more than 40,000 kidney failure patients each year from
premature death by rewarding living kidney donors.
The Symposium took place on May 7,
2022. It was hosted by John Fung M.D. Ph.D. at the University of
Chicago’s Transplantation and Transplant Institute and was funded by the
National Kidney Donation Organization (NKDO) and WaitListZero.
This Symposium presented a broad education on
the subject of living kidney donation, and indeed was presented for Continuing
Medical Education (CME) credits by the University of Chicago.
The audio-visual recording of the entire University
of Chicago’s CME symposium is available, for free. Access is extremely easy and
one can access any and all presentations with 3 simple clicks starting with 2
clicks here: Data Handbook."
If you prefer you can binge on the sessions in order:
My talk, called "Kidney Exchange (and Kidney Controversy)" is the first half hour of the video below of the second of three symposium sessions.
The first session of the symposium is below, starting with an intro by Philip Held, focusing on some of the inequalities that we see in dialysis and transplant, followed by the philosopher Janet Radcliffe-Richards (starting at minute 17:15), and then Sally Satel (at 59:30), and then a round table discussion starting at 1:12.
In the discussion I asked Dr. Radcliffe Richards (who has been a tireless advocate of thinking more clearly about the tradeoffs involved in preventing compensation of donors) what experience she could share about when and how she had been successful in convincing people to change their minds. She replied "I don't regard myself as an expert in mind changing, except with people who are happy to follow arguments."
Session 3 is below, including talks by Martha Gerson, Thomas Peters, Arthur Matas, John Roberts, and Josh Morrison.
These and other videos have been assembled by NKDO.
You can listen to our conversation at the link above. He drew me out about some things I hadn't thought of in a while, such as my varied relationships with Gale, Shapley and Bob Wilson, and how my ideas about matching markets developed over the course of my career (which started in Operations Research and then morphed into Economics...)
He also reveals the manner in which he was the perfect reader of my 1990 book Two-Sided Matching with Marilda Sotomayor.
His site is multi-media, if you scroll down you'll find a video (the one below in on YouTube), and if you keep scrolling down you'll find an essay he wrote called "Paying it Forward..." which recounts more about what our book meant to him and some of our subsequent interactions over the years. And below that is his Transcript of [our] podcast interview, for those who prefer to read rather than listen or watch.
Here's a link to an interview with Scott Cunningham, whose work on sex work I've blogged about before. There's a surprising amount of discussion about causal inference and differences in differences. (I always suspected that econometrics was sexy, but this is the first time I’ve heard a podcast about that.)
The video is at the link, there are four ten minute discussions, followed by brief responses by Paul and Bob.
My discussion of Bob Wilson begins at around 27:20, and my final words to him were "Bob: you saw and demonstrated the future of game theory in economics, earlier and more clearly than anyone else. We’re all lucky to know you."
AEA Nobel Laureate Address Honoring the 2020 Nobel Laureates Paul R. Milgrom (Stanford University) and Robert B. Wilson (Stanford University) January 8, 2022 at 2:30 PM ET View Recording
Presiding:Christina D. Romer,University of California-Berkeley
In October there was an in-person celebration of John Kagel, which I was delighted to participate in, in Tucson, Arizona. (It was my first in-person conference since the beginning of the Covid pandemic, during a brief window of optimism.) Now it's been posted on YouTube by the hosts, at the Economic Science Lab of the University of Arizona:
Here's a 10 minute video in which I discuss how retail markets have changed over the last century and more, with the invention of mail order catalogs, and the growth of downtown department stores (in part as a result of urban public transportation), and then suburban shopping malls, before our current age of digital commerce and home delivery.
This was my discussion of talks by Rob Townsend and David Autor at the October zoom conference
Yesterday I gave what I think was the first lecture to the entering class of Ph.D. students at the Escola Nacional de Administração Pública (ENAP) in Brasilia. I spoke about market design, using as my main examples school choice and kidney exchange. Afterwards there was Q&A on a variety of subjects, including black markets and repugnance.
Here's a video (I start to speak around minute 8):
The team at Microeconomic Insights has published an easy to read summary of my just published paper with Itai Ashlagi in the September issue of Management Science:
"No country is presently able to supply all the kidney transplants required by its population, and most people with kidney failure will die without receiving a transplant. Kidney exchange is a way to increase the number of transplants by allowing incompatible patient-donor pairs to exchange kidneys. For logistical reasons, early exchanges involved just two patient-donor pairs, but the rise in donors without a particular recipient in mind has enabled long chains of non-simultaneous transplants. However, barriers between kidney exchange programs, both within and across countries, continue to make it difficult to find matches for some patient-donor pairs. Breaking down these barriers will be challenging, but the potential rewards are large—both in terms of lives saved and reduced healthcare costs."
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Here's a link to the original paper:
1.Itai Ashlagi and Alvin E. Roth, “Kidney Exchange: an Operations Perspective,” Management Science, September 2021, Volume 67, Issue 9, September 2021, Pages 5301-5967, iii-iv, https://pubsonline.informs.org/doi/10.1287/mnsc.2020.3954
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Here's a video of a lecture I gave about the paper in June to an INFORMS audience, starting at minute 2:55.
A video of my April 13 lecture on Controversial Markets is now available at the Zurich Center for Market Design. (The talk proper is about an hour, and then includes some Q&A about compensation for donors, among other things, starting at around minute 56.)