Sunday, November 25, 2018

The Guardian celebrates British kidney exchange

One day. Six operations. Three kidneys. The story of an organ donor chain


"The process relies on logistical masterminding by staff at the UK’s 23 transplant centres, as much as it does on the mind-boggling computer science it’s built around. Ideally, all the operations in a chain are scheduled to take place on the same day, within eight weeks of a matching run, and only after everyone has been painstakingly assessed to ensure the matches will work and they are well enough for surgery.

"It’s a curiously under-recognised scheme, among the general public at least, but its impact is growing every year. The first UK kidney exchange took place in 2007, with a two-way swap between four people. In 2017/18, 127 of the 1,010 living kidney transplants carried out – one in eight – came about as a result of the sharing scheme. It’s also a British success story: the UK far outstrips any other country in Europe in this field, carrying out about half of all the transplants made possible by sharing schemes."
**********
And here's the NHS Blood and Transplant's ANNUAL REPORT ON LIVING DONOR KIDNEY TRANSPLANTATION REPORT FOR 2017/2018 (1 APRIL 2003 – 31 MARCH 2018)
"Key findings
• There were 940 adult living donor kidney transplants performed in the UK in
2017/18 an increase of 12 transplants compared to 2016/17. Of these, 449 (421 in
2016/17) were related, 237 (236 in 2016/17) were unrelated, 5 (18 in 2016/17) were HLAi, 41 (64 in 2016/17) were ABOi, 123 (109 in 2016/17) were paired/pooled and 85 (80 in 2016/17) were altruistic donor transplants. The equivalent number of paediatric transplants was 70, an 3% decrease from the previous year.
• The proportion of living donors across the UK being prescribed anti-hypertensive drugs is 5% at one year, 7% at five years and 11% at ten years post donation.
• Serum creatinine for living donors in the UK is 104 (IQ-range 90-121) at one year, 96 (84-111) at five years and 93 (81-106) at ten years post donation.
• The UK rate of graft survival five years after adult living donor kidney transplant by type is; unrelated 94%, related 92%, HLAi 81%, ABOi 87%, Paired exchange 95% and Altruistic 91%.
• 38% of registered patients have been transplanted and 63% of identified transplants proceed."




Saturday, November 24, 2018

Economic design in Budapest, June 2019 (submissions are open now)

Paper submissions are now invited for the

2019 Conference on Economic Design: Budapest, Hungary, June 12-14, 2019

The Scope:
The conference welcomes paper submissions from many different fields such as economics, business, finance, politics, computer science, operations research, law, history relevant to mechanism or institution design in a broad sense, regardless of whether contributions are theoretical, empirical, experimental, historical or practical. Subjects include but are not limited to auctions, matching, school choice, college admission, organ exchange, decentralised markets, random market mechanisms, voting, social choice, taxation, tax reform, coalition formation, price formation, ranking and scoring, measurements of power and influence, contest, fair division, contract, bargaining, negotiation, market design implementation, pricing on electricity, pricing on public utilities, pricing on cloud computing services, online allocation mechanisms, online auctions, market design experiments, public goods experiments, behavioural mechanism design, information and incentive, digital sport market for labour, market design in transportation sector, institution and organisation, health care, health policy, health insurance, pension scheme, fiscal policy, monetary policy, growth and development, performance evaluation, arbitration, patent design, governance, refugee assignment, robust mechanism design, matching in dynamic environments, rationality and irrationality in market design, etc.

The Keynote Speakers are:
Leonid-Hurwicz Lecture: Philippe Jehiel (Paris School of Economics)
Murat Sertel Lecture: Bhaskar Dutta (University of Warwick)
Paul Kleindorfer Lecture: Bumin Yenmez (Boston College)

Important Dates:
Paper Submission Opens: 19-Nov-2018
Paper Submission Deadline: 18-Feb-2019

Friday, November 23, 2018

Some movement towards kidney exchange in Germany

Axel Ockenfels writes:

"On 9 November 2018, members of the parliament of the German liberal party FDP submitted a petition ("Chancen von altruistischen Organlebendspenden nutzen – Spenden erleichtern") to ask the German government to draft a law that makes kidney exchange, non-directed altruistic kidney donations into a pool and, under certain circumstances, directed kidney donations to strangers possible in Germany": 
Chancen von altruistischen Organlebendspenden nutzen – Spenden erleichtern
"Make use of the opportunities of altruistic organ donation - make donations easier"

It calls for specific amendments to remove the current legal restrictions on kidney exchange.

German market design economists have been at the forefront of efforts to change the transplant law in this and other respects.

Here's an earlier post on the subject, whose links contain links to still earlier ones--maybe this series will converge soon in a way that reverses the decline in transplantation in Germany:

Tuesday, July 3, 2018

Thursday, November 22, 2018

Professional line sitters: Giving the gift of time

Have an urgent need to shop Black Friday bargains, but don't like waiting on lines in the cold and dark?  There's a business that will take care of that for you...

Professional Line Sitters Make Up to $35 an Hour — And This Is Their Busiest Time of the Year

Some links if you're too busy to read the story:
Skip the line (STL) inWashington DC
Same Ole Line Dudes in New York City
InLine4You an app for both sides of the market

"The Supreme Court website says security starts admitting people to oral argument sessions at 9:30 a.m., but “visitors may begin lining up on the Front Plaza as early as they feel comfortable” — which sometimes means four days in advance. The average SCOTUS wait time Goff gets tapped for runs about five hours (she charges $35 per hour), with occasional overnight requests for big cases like the travel ban and Masterpiece Cakeshop v. Colorado Civil Rights Commission."

Wednesday, November 21, 2018

Kidney exchange in Turkey, some recent reports

Here are an academic paper on the kidney exchange program at Baskent University, and a news story about a kidney exchange in Turkey between two Ukranian patient-donor pairs:

Our Experience with Paired Kidney Exchange Transplantation
Haberal, Mehmet; Akdur, Aydincan; Karakayali, Feza Yarbug; Ozcelik, Umit; Moray, Gokhan; Kulah, Eyyup; Inal, Ali; Torgay, Adnan; Arslan, Gulnaz
Transplantation: July 2018 - Volume 102 - Issue - p S499

"Seven pairs were matched from July 2015 to September 2017 and we performed 14 PKE (5 women, 9 men) transplants. Mean recipient age was 49.8±11.5 (range: 23-61) and mean donor age was 50.4± 12.4 (range: 38-64) years. Five of the donors were fathers, one of them was a mother, 3 were husbands and 5 were wives. Mean mismatch ratio was 5±1 (range: 3-6). Reason for exchange was ABO incompatibility for 10 patients and positive crossmatch and presence of donor specific antibodies for 4 patients. All were 2-way donations. Median waiting time for getting suitable donor after registration was 3 months. Two of the recipients were retransplanted and desensitization with plasmapheresis was needed for panel reactive antibody positivity. One patient underwent preemptive kidney transplant.
...
"ABO incompatibility continues to pose a serious problem for transplantation candidates, especially in kidney and liver transplants. Our small series shows that PKE transplantation is an alternative for patients without a viable living-related donor or deceased compatible donor organ."
************

Kidney swap in Turkey offers new life to 2 Ukrainians
Coming from Ukraine, Valeriy Horobets, Viacheslav Shcherbyna undergo paired kidney exchange surgery in Istanbul, October 16, 2018

At Medicana International Istanbul Hospital ,
"Two Ukrainian citizens welcomed their new lives in Turkey after a cross-kidney transplant surgery in Istanbul."

Tuesday, November 20, 2018

Global kidney exchange celebrated together with the Declaration of Istanbul, in the AJT

Here's the recent AJT Report from the American Journal of Transplantation,
which touches on various aspects of kidney politics, including global kidney exchange:

TenYear Celebration ofthe Declaration of Istanbul

First published: 29 October 2018

Abstract  "This month's installment of “The AJT Report” discusses updates to the Declaration of Istanbul on this key achievement's 10th anniversary. We also report on Italy's recommendation earlier this year regarding the Global Kidney Exchange, and join the transplantation community in bidding farewell to writer and “The AJT Report” originator, Susan Pondrom."


Here's the part about Global Kidney Exchange :

"

Italy Recommends Global Kidney Exchange to the World Health Organization
"In January 2018, Italy recommended a proposal for a global kidney exchange (GKE) to the World Health Organization (WHO).1 The recommendation was part of a collection of statements submitted by Member States and other participants of the 142nd session of the WHO Executive Board.

"Michael Rees, MD, PhD, a kidney transplant surgeon at the University of Toledo Medical Center in Ohio, and Alvin Roth, PhD, a Nobel Prize–winning economist at Stanford University in Palo Alto, California, launched GKE to address the reality that poverty is the biggest global barrier to transplantation and to develop a means for poor people from developing countries to donate and receive organs.2 At its core, GKE is a system to support transplant surgeons in their efforts to help people who are not only very sick and dying, but also too poor to afford dialysis. The system is also controversial in the transplantation community and has been associated with logistical barriers. Even so, Dr. Rees and Dr. Roth remain dedicated to seeing the system developed and implemented around the world.

"The statement from Italy represents a significant endorsement of GKE. It notes that internationally, 2 million to 7 million people die annually from kidney failure, and that kidney disease and other noncommunicable diseases have replaced communicable diseases as the most common causes of premature death worldwide. However, as billions of dollars are spent in low/middle‐income countries (LMICs) to reduce the burden of communicable diseases, significantly less is spent on noncommunicable diseases such as kidney failure. The statement asserts that not only is transplantation the preferred treatment for kidney failure, but that kidney exchange makes it possible to extend the reach of living donation, and for healthy living donors whose kidneys are incompatible with loved ones to exchange their kidneys for those that are compatible with the people they love.

"The first of Italy's action items stated, “We encourage WHO to include organs and in particular kidney transplantation in its program as we believe that oversight, cooperation and assistance of the WHO to carry out a pilot program with strong international governance that is consistent with the highest ethical and legal standard, and that carefully approves participating countries, facilities, healthcare providers and patient–donor pairs should be conceived and implemented.” Italy's statement referred to GKE, noting that such a program allows patients to receive a compatible kidney from another patient's donor. The statement also noted that the savings attained in high‐income countries could support long‐term care of the LMIC donor and recipient in their home country.

"This request sits in conflict with the 2017 Statement of the Declaration of Istanbul Custodian Group concerning ethical objections to the proposed GKE Program.3"


See all my posts on Global Kidney Exchange here.

Monday, November 19, 2018

Repugnance watch: Dwarf tossing and the DC Circuit Court of Appeals

When I first wrote about repugnant transactions in Roth (2007), dwarf tossing was among the examples I used.  Many blog posts about repugnance later, it was with a sense of recognition that I read the following story from Mother Jones about President Trump's latest nomination to the federal appellate courts:

Trump’s Nominee to Replace Kavanaugh Is a Staunch Defender of Dwarf-Tossing
Neomi Rao is best known as Trump’s anti-regulation czar, but she’s a veteran of the culture wars.

"Neomi Rao, Trump’s nominee to replace Brett Kavanaugh on the powerful DC Circuit, who has written at least two law review articles and a blog post in which she defended dwarf-tossing.

"Especially popular in Florida bars, dwarf-tossing is the strange spectacle in which competitors throw Velcro-clad little people at a wall or mattress like a shotput. The longest toss wins. The sport has been banned in some American states and parts of France, where a judge upheld such bansbecause of “considerations of human dignity.” Rao considers these laws an affront to individual liberty that fails to recognize the right of the dwarf to be tossed. In one article, she wrote that the decision in France upholding the dwarf-tossing ban was an example of “dignity as coercion” and that it “demonstrates how concepts of dignity can be used to coerce individuals by forcing upon them a particular understanding of dignity.”
"Dwarf-tossing is an odd cause for a federal judicial nominee to champion. Even weirder, Rao has invoked it repeatedly in her writing to make the case that a misguided focus on human dignity is leading US courts to run afoul of the Constitution in decisions that advance LGBT rights and racial equality. "

HT: Kim Krawiec

Sunday, November 18, 2018

Congratulations to Fuhito Kojima, on the Enjoji Jiro Memorial Prize

My colleague Fuhito Kojima has a lot to be congratulated on lately, and today comes another cause for congratulations.  He shares the 5th Enjoji Jiro Memorial Prize by the Japan Center for Economic Research. The prize recognizes 'young and mid-level economists under 45 years of age who have made achievements in the field of economic theory, and have a promising future.'

Here's the story from today's Nikkei Shimbun Morning Paper:

第5回「円城寺次郎記念賞」 小島・渡辺両氏に

2018/11/18付
日本経済新聞 朝刊

"The 5th "Jiroji Jiro Memorial Award" To Mr. Kojima and Mr. Watanabe"

Congratulations, Fuhito!

**********
I used Google translate to translate the headline, but for the following paragraph it had trouble with a word that I gather in this context means "between junior and senior in age/career," which came out as saying that Fuhito is a "young and medium-sized economist ." (The description of the prize above comes from an English language report on the 2009 prize...)

The resident match can be confusing, in PNAS by Alex Rees-Jones and Samuel Skowronek

Here's a recent paper in PNAS, |
An experimental investigation of preference misrepresentation in the residency match
Alex Rees-Jones and Samuel Skowronek
www.pnas.org/cgi/doi/10.1073/pnas.1803212115

"The development and deployment of matching procedures that incentivize truthful preference reporting is considered one of the major successes of market design research. In this study, we test the degree to which these procedures succeed in eliminating preference misrepresentation. We administered an online experiment to 1,714 medical students immediately after their participation in the medical residency match—a leading field application of strategy-proof market design. When placed in an analogous, incentivized matching task, we find that 23% of participants misrepresent their preferences. We explore the factors that predict preference misrepresentation, including cognitive ability, strategic positioning, overconfidence, expectations, advice, and trust. We discuss the implications of this behavior for the design of allocation mechanisms and the social welfare in markets that use them

Saturday, November 17, 2018

Black markets for marijuana in Canada, where marijuana is now legal

Here are some accounts of the bumpy road to a thick legal market for marijuana:

From the NY Times, on how stores continue to sell not yet legalized products still available on the black market:
Vancouver, Canada’s Marijuana Capital, Struggles to Tame the Black Market

From the Guardian, on the shortage of legal product in face of strong demand:
Weed woes: Canada struggles to meet huge demand for legal cannabis
Numerous stores dealing with empty shelves and disgruntled customers, with fears many consumers will turn to black market

“Now that we can’t supply them, they’re still going to find it,” [a legal supplier with empty shelves] said. “There’s no shortage of weed in Labrador City. Just the legal stuff.”

Friday, November 16, 2018

Xenotransplants: the (evergreen) promise of transplantable organs from pigs

Wouldn't it be great if the shortage of transplantable organs could be fixed by figuring out how to grow them in farm animals? (Yes, that would raise a bunch of issues of its own, but so does meat eating...)

The NY Times has the story of how that might be closer than it has been in the past:
20 AMERICANS DIE EACH DAY WAITING FOR ORGANS. CAN PIGS SAVE THEM?
THANKS TO GENETICALLY ENGINEERED PIGS, THE DONOR-ORGAN SHORTAGE COULD SOON BE A THING OF THE PAST.


It includes lots of promising news, and this observation:
“The joke about xenotransplantation is that it’s always just around the corner, and it always will be,” says Parsia Vagefi, the chief of surgical transplantation at the University of Texas Southwestern Medical Center in Dallas. “But recent progress has been so remarkable that for first time it feels like we’re on the verge of a definitive solution to the organ crisis.”
*************

And of course, note that many more than 20 Americans die each day due to a shortage of organs:

Wednesday, November 14, 2018

Thursday, November 15, 2018

The law and economics of market design: conference in Mannheim November 15-16

The program is here, but for some reason I can't copy it.
Kim Krawiec and Peter Cramton will be giving keynote addresses.

Market design seems like a natural for a conference on law and economics...

Wednesday, November 14, 2018

The Terrible Toll of the Kidney Shortage, by McCormick, Held and Chertow

An editorial in the Journal of the American Society of Nephrology counts the high human costs of the kidney shortage in terms not only of deaths among those on the waiting list for a deceased donor transplant, but also among the other three-fourths of kidney failure patients who are not added to the waiting list but who would medically benefit from a transplant.

The Terrible Toll of the Kidney Shortage,
by Frank McCormick, Philip J. Held, and Glenn M. Chertow

"to see the full extent of the harm done by the kidney shortage and the potential benefit from ending it, let us assume that 50% of those who are diagnosed with ESRD could medically benefit from a transplant. (This assumption is consistent with the findings of Schold et al. 5 that, if all of the patients on dialysis who have a life expectancy of >5 years were placed on the kidney waiting list, the number on the list would almost double.) Thus, half of the 126,000 patients who are currently diagnosed with ESRD each year—63,000 patients—might medically benefit from a transplant. However,if only 20,000 patients per year receive a transplant, the remaining 43,000 would join the growing toll of those who die prematurely because of the kidney shortage. To put this in perspective, this is the same death toll as from 85 fully loaded 747s crashing each year.




*************

See my earlier post on earlier, defining work on the costs of the organ shortage:

Saturday, October 17, 2015

Tuesday, November 13, 2018

Welfare of sophisticated versus naive players revisited, by Babaioff, Gonczarowski, and Romm

Here's a new paper with a nuanced view of how well sophisticated players may do in a non-strategy-proof mechanism:

Playing on a level field: Sincere and sophisticated players in the Boston mechanism with a coarse priority structure
Moshe Babaioff, Yannai A. Gonczarowski, Assaf Romm∗
October 15, 2018

Abstract: Who gains and who loses from a manipulable school choice mechanism? We examine this question with a focus on the outcomes for sincere and sophisticated students,and present results concerning their absolute and relative gains under the manipulable Boston Mechanism (BM) as compared with the strategy-proof Deferred Acceptance (DA). The absolute gain of a student of a certain type is the difference between her expected utility under (an equilibrium of) BM and her utility under (the dominant strategy quilibrium of) DA. Holding everything else constant, one type of a player has relative gain with respect to another type if her absolute gain is higher. Prior theoretical works presented inconclusive results regarding the absolute gains of both types of students, and predicted (or assumed) positive relative gains for sophisticated types compared to sincere types. The empirical evidence is also mixed, with different markets exhibiting very different behaviors. We extend the previous results and explain the inconsistent empirical findings using a large random market approach. We provide robust and generic results of the “anything goes” variety for markets with a coarse priority structure. That is, in such markets there are many sincere and sophisticated students who prefer BM to DA (positive absolute gain), and vice versa (negative absolute gain). Furthermore, some populations may even get a relative gain from being sincere (and being perceived as such). We conclude by studying market forces that can influence the choice between the two mechanisms.

Monday, November 12, 2018

MIT School choice summit: Nov. 13

A big group of academics and practitioners involved in school choice will gather in Cambridge to take stock of what we have learned, and still hope to learn, about school choice.

MIT SCHOOL ACCESS AND QUALITY SUMMIT 2018

"November 13, 2018 | Cambridge, MA
The MIT School Access and Quality Summit will focus on school enrollment strategies that can increase access and generate data to improve portfolio planning and the measurement of school effectiveness. Researchers will present new findings on the impact of policy interventions, and policymakers will share their experiences with implementation. Through these conversations, we hope to spark long-term partnerships between researchers and practitioners, and prompt continuous interaction between rigorous research and policy design, implementation, and evaluation."

Tuesday, November 13

9:00 AM  Welcome and Introduction
Ian Waitz, Vice Chancellor for Undergraduate and Graduate Education, MIT

9:15 AM  Leveraging Enrollment Mechanisms to Evaluate Impact
Joshua Angrist, Director, School Effectiveness and Inequality Initiative
Parag Pathak, Director, School Effectiveness and Inequality Initiative

9:45 AM  Simplifying Enrollment in Chicago: A First Look at the Adoption of GoCPS
Lisa Barrow, Senior Economist, Federal Reserve Bank of Chicago
Tony T. Howard, III, Executive Director of Enrollment and Education Policy, Chicago Public Schools

10:45 AM  Break

11:00 AM  Keynote
Richard Carranza, Chancellor, of New York City Department of Education

11:30 Taking Stock of School Choice Reforms
Neil Dorosin, Executive Director, Institute for Innovation in Public School Choice

12:00 PM  Working Lunch

Case Consultancies
Introduction by Carrie Conaway, Chief Research and Strategy Officer, Massachusetts Department of Elementary and Secondary Education

1:30 PM  Improving School Quality in Camden
Paymon Rouhanifard, Former Superintendent, Camden City School District

2:00 PM Evidence on the Determinants and Consequences of School Choice from Washington DC
Steven Glazerman, Senior Policy Fellow, Mathematica Policy Research
Dallas Dotter, Researcher, Mathematica Policy Research
Claudia Luján, Deputy Chief, Strategic School Planning and Enrollment, District of Columbia Public Schools

3:00 PM  Break

3:15 PM  Leveling the Playing Field for High School Admissions in New York City
Sarah Cohodes, Assistant Professor of Education and Public Policy, Columbia University
Nadiya Chadha, Director of High School Admissions Research and Policy, New York City Department of Education

4:15 PM  Developing a National Research Agenda for Access and Choice
Douglas Harris, Director, The National Center for Research on Education Access and Choice

***********
Update: here's a Nov. 20 news report from MIT following the conference:
Exploring school choice
MIT School Access and Quality Summit brings policymakers, educators, and researchers together to examine strategies and ways to measure effectiveness.

Sunday, November 11, 2018

Repugnance watch: Greyhound racing banned (even) in Florida

Florida had an active greyhound racing industry, now banned by referendum:
Here's the story from the Orlando Sentinal:
How vote to end Florida greyhound racing won and what comes next

"After years of failing to push greyhound racing reform through the Florida Legislature, animal-welfare advocates took their mission directly to the state’s voters this week — scoring such a decisive victory that proponents say it signals the eventual end of the sport across the country.

“A 69-percent vote in Florida — a state with a still-conservative electorate — shows that this is now unstoppable,” said Carey Theil, executive director of GREY2K USA, the main force behind the Yes on 13 campaign to support the racing ban. “It sends a message not only to the remaining dog tracks in the nation but all around the world that dogs are members of our families and we will not tolerate industries that harm them.
...
"Florida’s 11 active dog tracks will have until Jan. 1, 2021, to phase out their live greyhound racing. They’ll still be able to race horses, if their tracks can accommodate the event, and they’ll still be able to have wagering on simulcast races from other tracks, including from dog tracks in the five remaining states where the practice is still active and legal."
*******

A NY Times article begins by considering the problem of rehoming the racing dogs who will be retired, but includes an interesting feature of the industry that has kept dog racing active in Florida:

Thousands of Greyhounds May Need Homes as Florida Bans Racing

"Florida’s tracks remained in part because of state laws that require them to continue racing in order to keep their lucrative gambling operations. In Florida, only existing “parimutuel” facilities like dog tracks and horse tracks could obtain licenses to operate card rooms and slots."

Saturday, November 10, 2018

Obvious manipulations by Pete Troyan and Thayer Morrill

Here's a paper motivated by the fact that (obviously:) there are going to be many more mechanisms that aren't obviously manipulable than there are mechanisms that are obviously strategy proof, or even strategy proof...

Obvious Manipulations
Peter Troyan, Thayer Morrill∗ (*in random order)
October 3, 2018

Abstract: A mechanism is strategy-proof if agents can never profitably manipulate, in any state of the world; however, not all non-strategy-proof
mechanisms are equally easy to manipulate - some are more “obviously”
manipulable than others. We propose a formal definition of an obvious
manipulation and argue that it may be advantageous for designers to
tolerate some manipulations, so long as they are non-obvious. By doing
so, improvements can be achieved on other key dimensions, such as
efficiency and fairness, without significantly compromising incentives.
We classify common non-strategy-proof mechanisms as either obviously
manipulable (OM) or not obviously manipulable (NOM), and show that
this distinction is both tractable and in-line with empirical realities
regarding the success of manipulable mechanisms in practical market
design settings

"Intuitively, a manipulation ...is classified as “obvious” if it either makes
the agent strictly better off in the worst case ...or it makes the agent strictly better off in the best case..."

Friday, November 9, 2018

Marijuana scores some gains in the voting booth

The NY Times has the story:
Marijuana Embraced in Michigan, Utah and Missouri, but Rejected in North Dakota

"Marijuana initiatives appeared on ballots in four states in the midterm elections. In Michigan and North Dakota, initiatives gave voters the opportunity to legalize marijuana for recreational use. In Missouri and Utah, voters chose whether to allow people who are sick to use the drug for medical reasons."

See my earlier post:

Friday, October 6, 2017

Thursday, November 8, 2018

Arrow lecture at Columbia University this evening


The 11th Annual Kenneth J. Arrow Lecture | Market Design in Large Worlds: The Example of Kidney Exchange
Thursday, November 8, 2018
6:00 pm - 7:30 pm
International Affairs Building, 420 W. 118 St., New York, NY 10027 1501


Please join us for the 11th Annual Kenneth J. Arrow Lecture delivered by Alvin Roth, the 2012 Nobel Laureate in Economic Sciences and Craig and Susan McCaw Professor of Economics at Stanford University, on "Market Design in Large Worlds: The Example of Kidney Exchange."
Discussants: Parag Pathak, Jane Berkowitz Carlton and Dennis William Carlton Professor of Microeconomics at MIT
Joseph E. Stiglitz, 2001 Nobel Laureate in Economic Sciences and University Professor at Columbia University Description:

Abstract: "Marketplaces are often small parts of large markets, and so potential marketplace participants may have large strategy sets, that include actions taken outside of the marketplace. And markets require social support, so the behavior of people who do not intend to participate in the market may nevertheless be important for market design. This lecture will illustrate these points with some examples, drawing most heavily on the experience of kidney exchange."

About the Kenneth J. Arrow Lecture Series: Kenneth J. Arrow’s work has shaped the course of economics for the past sixty years so deeply that, in a sense, every modern economist is his student. His ideas, style of research, and breadth of vision have been a model for generations of the boldest, most creative, and most inventive economists. His work has yielded such seminal theorems as general equilibrium, social choice, and endogenous growth, proving that simple ideas have a profound impact. The Kenneth J. Arrow Lecture Series highlights economists, from Nobel laureates to groundbreaking younger scholars, whose work builds on Arrow’s scholarship as well as his innovative spirit. The books in the series are an expansion of the lectures that are held in Arrow's honor at Columbia University.

Wednesday, November 7, 2018

Kidney exchange needs to be conducted at scale, in Vox

Nikhil Agarwal, Itai Ashlagi, Eduardo Azevedo, Clayton Featherstone,  and Omer Karaduman summarize their recent paper in Vox..eu:

Market failure in kidney exchange
03 November 2018

National kidney exchange platforms significantly boost the number of life-saving kidney transplants by finding complicated exchange arrangements that are not possible within any single hospital. This column examines US data and finds that the majority of kidney exchanges continue to be performed within hospitals, suggesting a fragmented market that comes at a large efficiency cost. National platforms may need to be redesigned to encourage full participation, with reimbursement reform.