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Market Design

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."

Tuesday, September 23, 2008

Design of the bailout

The demand for market designers:
"Paulson, while seeking maximum flexibility, said the Treasury is considering doing auctions one asset class at a time. He said the aim to bring “bright people” to work on the challenge of designing market mechanisms." (This sounds like a job for Paul Milgrom).

Hat tip to Eric Budish (who is on the market as a market designer this year).
Posted by Al Roth at 6:40 PM
Labels: auctions, bailout, market designers, Milgrom

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      • Pollution permits: RGGI auction results
      • College football bowls
      • Unraveling of college admissions--deadline creep
      • Repugnant transactions in France
      • Market for scientists
      • Repugnant transactions in Australia and England: G...
      • Market for certificates of deposit
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      • Market designer in chief
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      • Houses cost more in the summer. Here’s why
      • Virginity testing: Repugnant under S. African law...
      • Auction design for bailout by treasury
      • Market for online music
      • Repugnance and the financial bailout
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      • Purchase for Progress
      • Pollution permits: RGGI auction
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      • Auctions for airline slots
      • Introduction

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Al Roth
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