I'll be speaking at Prague Castle: here's the official announcement:
Science at the Prague Castle: Who Gets What? The New Economics of Matching and Market Design
Speaker: Alvin Roth
Al Roth is the Craig and Susan McCaw Professor of Economics at Stanford University and the George Gund Professor Emeritus of Economics and Business Administration at Harvard. He shared the 2012 Nobel memorial prize in Economics. He was President of the American Economic Association in 2017, and is a member of the National Academy of Science. He directed the redesign of the National Resident Matching Program, through which most American doctors find their first employment. He helped design the school choice systems used in several large American cities. He is one of the organizers and designers of kidney exchange in the United States, which helps incompatible patient-donor pairs find compatible kidneys for transplantation.
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Science-popularizing lecture from the series Science at the Prague Castle
Market design is an ancient human activity but a relatively new part of economics. It seeks to understand how the design of markets and marketplaces influences their performance, and to use this growing understanding to fix markets when they're broken, and to help establish markets where they are missing. Many markets are matching markets, in which you can't just choose what you want, even if you can afford it: you also have to be chosen. In these markets, prices don’t do all the work. Examples of matching markets are labor markets (workers can't just choose where to work, nor can employers just choose who will work for them), school choice, and kidney exchange. I'll illustrate with examples from these.
The lecture will be given in English.
Organized by Prague Castle Administration, Institute of Organic Chemistry and Biochemistry of the CAS, and Charles University. Supported by IOCB Tech Foundation.
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