Wednesday, January 28, 2026

Redesigning transplant and OPO center incentives (Chan and Roth in JAMA; Bae, Sweat, Melcher and Ashlagi in JAMA Surgery)

 

Chan A, Roth AE. Reimagining Transplant Center Incentives Beyond the CMS IOTA Model. JAMA. Published online January 26, 2026. doi:10.1001/jama.2025.26194 

 "On July 1, 2025, the Centers for Medicare & Medicaid Services (CMS) launched the Increasing Organ Transplant Access (IOTA) model, a national experiment in revising how transplant centers are evaluated and paid.

"For decades, transplant centers were primarily judged by 1-year graft and patient survival for patients who underwent a transplant. That standard, designed to safeguard quality, sometimes constrained access to transplants by rewarding risk avoidance rather than expansion. This contributed to persistent kidney shortages, alongside continued organ nonutilization.1

"The IOTA model marks a deliberate rebalancing. CMS is tying payment not primarily to short-term survival, but to 3 domains: achievement (60 points for transplant volume), efficiency (20 points for kidney offer acceptance), and quality (20 points for graft survival).

...

"A kidney transplant begins with an organ procurement organization (OPO). Yet OPOs remain outside the IOTA payment framework, perpetuating fragmentation between procurement and transplant.

"Recent experience with OPO performance metrics illustrates how narrow incentives can distort behavior. After CMS introduced tier-based OPO evaluations in 2021, lower-performing OPOs increased organ recovery, which also sharply increased discards, reliance on higher-risk organs, and out-of-sequence kidney placements,3 raising concerns about fairness to waitlisted patients.4 

...

"Emerging economic and experimental research suggests that joint accountability—rewarding procurement and transplant entities together for improving population health—can both shift recovery, discard, and transplant numbers and produce improved gains in patient health (Table).1 Without such system-level metrics spanning OPOs and transplant centers, IOTA will operate within a fragmented ecosystem where incentives push procurement and transplant in different, sometimes counterproductive, directions."

############

See also

Bae H, Sweat KR, Melcher ML, Ashlagi I. Organ Procurement Following the Centers for Medicare and Medicaid Services Performance Evaluations. JAMA Surg. 2026;161(1):97–100. doi:10.1001/jamasurg.2025.5074 


 

Tuesday, January 27, 2026

Jennifer Mnookin to be Columbia University's next president

Among President Mnookin's many accomplishments is one that I haven't seen mentioned in the announcements of her appointment. 

 Here's the announcement from Columbia:

Columbia University’s Board of Trustees has appointed Jennifer L. Mnookin, a nationally recognized legal scholar who serves as the Chancellor of the University of Wisconsin-Madison, to be the next president of Columbia University, effective July 1, 2026. 

Here's the NYT:

Columbia Selects University of Wisconsin Chancellor as Its President.
Jennifer Mnookin has led the flagship campus of the state university system since 2022. She takes the helm at Columbia after a tumultuous period. 
   By Sharon Otterman

 

And here's the very different context in which I first came to know of her:

Father and daughter legal scholars complete successful kidney transplant  By Stephanie Francis Ward  December 15, 2020,

"When Robert Mnookin, a longtime Harvard Law School professor, needed a new kidney, he got some help from another member of the legal academy—his daughter, Jennifer Mnookin, the dean of the University of California at Los Angeles School of Law. "

Monday, January 26, 2026

Repugnance: two overviews (one by humans, one by Ai)

Here are two overviews of repugnance, one by economists in a forthcoming book chapter, and one from xAi via its large language model, in Grokipedia.

First, here's the human report, by three veteran scholars of repugnant transactions and controversial markets:

 The Morality of Market Exchanges: Between Societal Values and Tradeoffs   by Julio J. Elias, Nicola Lacetera & Mario Macis
NBER Working Paper 34647 DOI 10.3386/w34647  January 2026

"Certain behaviors in markets are unambiguously unethical. In other cases, however, voluntary exchanges that can create gains from trade remain contested on moral grounds, because of what is traded or of the price at which the exchange occurs. This chapter offers a framework to analyze these contested markets and provides examples of two general instances. First, we examine “repugnant” transactions involving the human body—such as compensated organ donation and gestational surrogacy—where concerns about dignity, exploitation, and inequality conflict with welfare gains from expanding supply. Second, we study price gouging in emergencies, where demands for a “just price” clash with the incentive and allocation roles of price adjustments under scarcity. Across both cases, we synthesize evidence on societal attitudes and highlight how support for policy options depends on perceived trade-offs between autonomy, fairness and efficiency, and on institutional features that can separate compensation from allocation."
 

And here's the first sentence of a long overview of repugnance at Grokipedia, an Ai generated encyclopedia launched in October 2025:

Repugnancy costs
"Repugnancy costs denote the multifaceted disutilities—including reputational harm, social sanctions, moral distress, and enforcement expenses—that emerge when voluntary transactions clash with dominant cultural or ethical norms, effectively rationing or prohibiting markets even among consenting parties. "

Sunday, January 25, 2026

Peer review isn't sufficient to detect/deter fraud in science

 Economists shouldn't be surprised that, in many fields of science, there is some incidence of deliberate fraud.  Being a scientist is an attractive job, and to some extent a competitive one.  Rewards flow to those who publish in top (read "competitive")  journals.  In big lab based, grant-dependent science, the ability to keep working may even depend on such publications coming at a steady rate, to keep the grants coming to keep the lab funded.  

Most journals do their gatekeeping by peer review.  But peers aren't detectives, they are volunteers who can mostly judge a paper primarily by what evidence it presents.* So we are seeing some growth in after-publication review by fraud hunters, typically also volunteers.

Here's an article by two interesting, interested observer/participants,  Ivan Oransky (a co-founder of Retraction Watch) and Alice Dreger

Science journals retract 500 papers a month. This is why it matters
A small team of volunteers is tracking thousands of falsified studies, including cases of bribery, fraud and plagiarism 
by Ivan Oransky | Alice Dreger 

 "So, how bad is the whole problem now? Much worse, it turns out, than when Retraction Watch was founded in 2010.

...

"The Dana-Farber case, unearthed by whistleblower Sholto David, exemplifies a key change behind the massive rise in retractions. Sleuths such as David — typically volunteers — function as true heroes of modern science, spending days and nights detecting plagiarism as well as suspicious data, statistics and more. Looking at studies by Dana-Farber researchers, David found that images of mice, said to have been taken at different stages of an experiment, appeared to be identical, and identified bone marrow samples taken from humans that were presented in a misleading way. This kind of painstaking work has only become possible on any sort of scale thanks to the development of forensic tools, some powered by AI. 

...

"All the large publishing houses now employ research integrity teams to review allegations and retract papers if necessary.  

 ...

"Rather than giving up, we should pay more attention to how we create perverse incentives — promoting quantity of publication over quality, and sexiness over meticulousness. Perhaps most importantly, we need to help the world understand that, when splashy results turn out to be incorrect and are retracted or amended, that’s all part of how we get closer to the truth. 

######

*Peer review is not without other problems, don't get me started. But my sense is that, not unlike democracy, it does pretty well by comparison with alternatives. 

Saturday, January 24, 2026

Organ attack (the game)

 Here's a game that looks like it could be a gift for the organ trafficker in your life. (It was sent to me by a former student.)  The subtitle of the game is "The Family Friendly Game of Organ Harvesting."

  We opened it after a recent dinner with transplant-adjacent colleagues, but found to our disappointment that it was better suited to epidemiologists than to organ traffickers--the attacks you can make on other players' organ cards are all diseases, so you can't ever take possession of another player's organs. Without the prospect of the advertised organ harvesting, my fellow traffickers and I lost interest.

 


 

HT: Jacob Leshno 

Friday, January 23, 2026

Noam Nisan and Ariel Procaccia recognized as ACM Fellows

The  Association for Computing Machinery (ACM) has named a new cohort of Fellows,  including Noam Nisan and Ariel Procaccia, who will be familiar to the readers of this blog for their contributions to economics and computation in the spirit of market design.

Here's the press release citing all the new Fellows:

Excellence and Impact Recognized by World’s Preeminent Computing Society
Association for Computing Machinery Selects 72 Professionals for Outstanding Achievements 

"Noam Nisan
Hebrew University
For contributions to complexity theory, and for pioneering the field of economics and computation."

"Ariel Procaccia
Harvard University
For contributions to AI, algorithms, and society, including foundational work and practical  impact."

 

HT: Yannai Gonczarowski 

#######

Earlier posts:

Friday, September 9, 2016 Knuth award to Noam Nisan

Sunday, August 15, 2021 Fair algorithms for selecting citizen assemblies, in Nature

 

 

Thursday, January 22, 2026

Kidney exchange in Brazil (a clinical trial)

Here's a video in which Mike Rees, the founder of the Alliance for Paired Kidney Donation (APKD) describes how (with the help of a grant from Stanford) the APKD is helping Brazilian transplant docs get kidney exchange going there. 

 

Earlier:

Tuesday, February 27, 2024  Stanford Impact Labs announces support for kidney exchange in Brazil, India, and the U.S.

 

Thursday, October 10, 2024  Kidney exchange in Brazil, continued (with pictures)

 

 

Wednesday, January 21, 2026

How will the Army build AI and robotics expertise in uniform?

 The US armed services have an unusual labor market.  Most soldiers, sailers, airmen and now space forcers join the military pretty much right out of high school, either directly, or in college ROTC (Reserve Officer Training Corps), or in one of the military academies.  Two exceptions are lawyers and doctors, who can join as officers without prior military experience (i.e. they can become officers without ever having learned how to salute).

Now that computer science of various sorts is entering warfare, cyber warriors are also needed.  But there's only so much you can do with contractors and consultants.  

This month, the Army is introducing a new career path for officers:

Army establishes new AI, machine learning career path for officers 

"The U.S. Army has established a new career pathway for officers to specialize in artificial intelligence and machine learning (AI/ML), formally designating the 49B AI/ML Officer as an official area of concentration. It advances the Army's ongoing transformation into a data-centric and AI-enabled force.

Full implementation of the new career field will be phased. The first selection of officers will occur through the Army's Volunteer Transfer Incentive Program (VTIP) beginning January 2026. The officers will be reclassified by the end of fiscal year 2026."

#########

And here's another report that indicates that some CS experts have also been laterally recruited into the officer corps.

 Army creates AI career field, pathway for officers to join

"In June, the Army directly commissioned several tech executives with artificial intelligence backgrounds from companies such as Meta and Palantir as lieutenant colonels as part of its Executive Innovation Corps (EIC). Those executives serve in the reserves as “senior advisors,” the Army said. 

Tuesday, January 20, 2026

The job market for economists, 2026

 The WSJ has the story:

Economists Are Studying the Slowing Job Market—and Feeling It Themselves
Newly minted Ph.D.s tend to work for universities, government agencies and big white-collar companies. It’s not a great hiring time for any of them.  By  Justin Lahart 

"The economics job market is getting buffeted by a confluence of forces. Worries about federal funding have led many major universities to reduce, or even freeze, hiring. Jobs within the federal government have dried up. The private sector, where demand for economists has been intense in recent years, has pulled back. 

“It’s like a perfect storm,” said Syracuse University economist John Cawley, who heads the American Economic Association’s job market committee.

"The tough market for doctoral students finishing up their studies is hardly unique to economics. What’s different about economists is that they are intensely interested in measuring and understanding how labor markets work—and they have brought that to bear on their own profession. As a result, armed with data from the AEA and all the knowledge they gained in graduate school, doctoral students in economics have a much more precise grasp of what type of environment they are facing than their counterparts in political science, philosophy or biophysics.

...

"The economics job market has its own peculiar rhythms and hierarchies. In the fall, students who are finishing their Ph.D.s, as well as economists in postdoctoral programs, apply for jobs that typically start the following summer. But because students can apply to dozens, or even hundreds, of jobs, this creates a matching problem: How does a prospective employer know which candidates are serious?

"Economists, being economists, have tried to solve this
. When a candidate applies for jobs via JOE, they are able to send up to two “signals” of interest for jobs they are particularly interested in—almost like a winking emoji on a dating app. That signaling system was put together with the help of Stanford economist Alvin Roth, who also developed systems for matching kidney donors with patients and New York City schoolchildren with schools." 

Monday, January 19, 2026

AEA Code of Conduct: (I can't answer "no" to all of the screening questions)

 When I was president of the American Economic Association, we began to think it would be prudent to have a formal code of conduct (see the link below for details).  But part of that effort resulted in a disclosure questionnaire required of all those who would serve on AEA committees. As I recall, I felt that one of the questions was too broadly posed. 

I've agreed to serve another term on the Committee on the Job Market, so I get to fill out the questionnaire, once again.  My responses are below. You should be able to guess the question I thought was phrased too broadly.

AEA Disclosure Questionnaire

Please review and respond to the disclosure questions below, with explanations as needed. It is important that you answer truthfully. Your answers to the questions will be reviewed by the President and Secretary-Treasurer and will be shared with other members of the Executive Committee only if necessary and on a need-to-know basis.
Affirmative answers to questions would not necessarily be disqualifying but will be considered during the review. To expedite this process, I ask that you please respond to these questions at your earliest convenience.
Here are the questions, and my answers. 

  

######## 

 I would have had more reason(s) to answer "yes" if I had played on any  gender-segregated athletic teams.

Religion and gender turn out to be complicated (and therefore well worth studying). 

Sunday, January 18, 2026

Copyright transfer clause: blacklisted countries

Here's something I hadn't encountered before, in the copyright transfer form of a prominent international transplant journal:

"6. TRADE COMPLIANCE: Each author warrants that if the author, any of the author’s coauthors or any other individual whose content is included in the Work resides in Iran, Cuba, Syria, North Korea, Crimea, the Donetsk People’s Republic (DNR) or the Luhansk People’s Republic (LNR) regions of the Ukraine, the Work has been prepared in a personal, academic, or research capacity and not as an official representative or otherwise on behalf of the relevant government" 

Saturday, January 17, 2026

The post-Nobel career of Adam Riess, and controversies in cosmology

The Atlantic has a story about a controversy in cosmology about the expansion of the universe, and whether its explanation requires the hypothesis of dark energy.  But what caught my eye is the author's apparent surprise that a Nobel laureate at the center of the controversy continued his research career, post-Nobel.

Here's the link, and the paragraphs that caught my eye: 

The Nobel Prize Winner Who Thinks We Have the Universe All Wrong  Cosmologists are fighting over everything.  By Ross Andersen 

  "Adam Riess was 27 years old when he began the work that earned him the Nobel Prize in Physics, and just 41 when he received it.

...

"When he returned from Stockholm with his prize in 2011, he found that his academic life had changed. People around him started to behave oddly, he told me. Some clammed up. Others argued with him about trivial things, he said, perhaps so they could boast of having dunked on a Nobel laureate. Riess was besieged with invitations to sit on panels, give talks, and judge science fairs. He was asked to comment on political issues that he knew nothing about. He told me he was even recruited to run major scientific institutions. 

"Riess wondered about that path—being the big boss of a NASA mission or gliding around a leafy university as its chancellor. He could see the appeal, but he hated fundraising, and unlike other, older Nobel laureates, he said, Riess still felt that he had scientific contributions to make, not as an administrator, but as a frontline investigator of capital-n Nature. “Scientists sometimes tell themselves this myth: I’ll go lead this thing, and then I’ll come back and do research,” he told me. But then, by the time they’ve finished up with their administrative roles, they’ve lost touch with the data. They become clumsy with the latest software languages. “The science passes them by,” Riess said.

"Riess decided to stick with research. "

Friday, January 16, 2026

Offering deceased donor transplants out of sequence when there is a chance the organ will (otherwise) be unutilized (Ashlagi and Roth in AJOB)

 Itai Ashlagi and I weigh in on recent controversy about "out of sequence" offers of organs for transplant, with some ideas about how the current system might be redesigned and maintained so as to reduce organ discards while maintaining transparency about how and to whom organs are offered.

 Itai Ashlagi and Alvin E. Roth (2026). Out of Sequence Offers: Towards Efficient, Equitable Organ Allocation. The American Journal of Bioethics, 26(1), 5–8. https://doi.org/10.1080/15265161.2026.2594937  

"Organs for transplant are very scarce compared to the need, and so the allocation of organs from deceased donors raises questions about both efficiency and fairness. Because offers of organs take time to consider, and because the viability of organs from deceased donors decreases over time, efficiency sometimes requires increasing the chance of reaching a patient who will accept the organ while it remains viable. So fairness and efficiency, concerning who gets to consider the next offer, and the probability that the organ on offer will be accepted in time for it to be transplanted, may sometimes be in conflict, or at least appear to be. And even the appearance of unfairness may undercut trust in the system of organ donation and transplantation. 

"This conflict between fairness and efficiency has resulted in controversy about offers made “out of sequence” (Covered in a lead article in the NYT article (Times 2025)) 

...

"Collecting data is essential for both efficiency and transparency. It is unfair to future patients not to have transparent allocation systems that can be studied with precision (with causal inference from experimentation), so that it can be improved over time. It is also unfair to future patients who will join increasingly congested waiting lists as a result of the failure to utilize a large number of transplantable organs.

Public data about transplant centers’ performance and patients’ waiting times would further allow patients to choose, based on their own preferences, a transplant center that fits their need. 

...

"Policies to expedite the placement of marginal quality organs that can be tested over time and studied with experiments include when to determine an organ is hard-to-place and when and how to adapt the priority list.

"In summary, it is sometimes desirable to expedite an organ that risks being unused, by offering it to a patient or transplant center that is likely to accept it if the offer is received in a timely way. But it is important to make sure that this flexibility does not promote unfairness to patients or transplant centers. Increasing the transparency and efficiency of the system for expediting organs can address both these issues."

########

The same issue of the journal contains a number of articles discussing organ allocation out of sequence  

########

Earlier:

Friday, May 23, 2025  Deceased organ allocation: deciding early when to move fast

Thursday, January 15, 2026

Transplant problems and public support for organ donation

 The Kidney Transplant Collaborative is worried about the status of kidney transplants in the US.  Here's the statement they published this month, which expresses concern about a drop in deceased donations.

LOSING TRANSPLANTS FOR ALL THE WRONG REASONS: A STATISTICAL ANALYSIS OF THE REDUCTION IN KIDNEY TRANSPLANTS IN RESPONSE TO REPORTS OF OPO FAILURES


"The kidney transplant waitlist has long exceeded the supply of available kidney organs. The waitlist today includes more than 94,000 Americans, with more than 28,000 deceased and living kidney transplants occurring in 2025. Even more troubling, recent events seem to have led to a decline in overall kidney transplants from 2024 to 2025, driven by a decline in deceased donor transplants. This represents the first time in the 21st century that we see an annual isolated decline in deceased donations and deceased donor kidney transplants, even while living donor kidney transplants increase and the kidney discard rate declines, the latter reflecting increased use of available deceased donor kidneys.

...

"What has caused this unprecedented and isolated decline in deceased kidney donations? While policymakers have been appropriately focused on maintaining the integrity of the
deceased donor process, an unanticipated effect of recent oversight efforts of the kidney transplant system and accompanying negative media reports has shaken the deceased donor
landscape and may have possibly caused the reduction in deceased donor rates.
Given this emerging trend, the importance of increasing living donation has come into even sharper focus. Policymakers and all stakeholders in the kidney transplant process will need to focus on the impact of the recent oversight efforts and take clear measures to responsibly increase kidney transplant rates, most likely via a focus on living kidney donor supportive policy.

...

"Unreported until now, however, is the negative impact that this recent Congressional focus may be having on kidney transplant levels themselves. The impact is measurable – from 2024 to 2025, there were 116 fewer kidney transplants. This is due to 218 fewer deceased donor kidney transplants and an increase of 102 living donor kidney transplants for 2025 as compared to 2024 – the first time this century that there appears to be an isolated decline of deceased kidney donations driving the decrease in overall kidney transplants.

...

"Recent, highly publicized revelations involving OPOs have had a serious and harmful effect on public trust in organ donation. As a result, fewer individuals and families appear willing to consent to organ donation after death. Data from the OPTN Transplant Metrics National Dashboard shows that the number of kidneys recovered from deceased donors remained steady during the first half of 2025. However, beginning in June 2025, the number of deceased donors began to decline, and that decline has continued to accelerate. In 2025, a total of 15,274 deceased donors underwent kidney recovery, compared to 15,937 during 2024 for a net percentage change of negative 4.2%."

HT: Martha Gershun
 



 

Wednesday, January 14, 2026

Mike Luca reviews Judd Kessler's "Lucky by design" in the WSJ

 In the WSJ, Mike Luca has a good book review of Judd Kessler's "Lucky by Design".  

‘Lucky by Design’ Review: The Game of Getting More
Costly signals can help with college admissions and hiring. Visiting a campus or attending a meeting in person demonstrate commitment.  By Michael Luca 

"In “Lucky by Design,” Judd Kessler turns over the cards in often-hidden markets, offering advice on topics from standing out in a job hunt to getting a dinner reservation at an in-demand restaurant. Mr. Kessler, a professor of business economics and public policy at Wharton, notes that these systems frequently “allocate valuable, scarce resources without relying on prices” and that the criteria “are not always obvious or visible the way that prices are.”

Mr. Kessler’s premise is that we can make our own luck by understanding the rules of a system and navigating the process accordingly. Take sign-ups for popular children’s activities such as summer camps or after-school programs, which are often offered on a first-come, first-served basis. Mr. Kessler advises that the key in these situations is to “recognize that you are in a race” and “be there, ready to sprint, when the starting gun goes off.” He suggests reading between the lines: If an email offers a starting time for sign-ups, but no end time, it may be because organizers expect things to go quickly, suggesting it’s time to lace up. 

... 

"What’s good for individuals need not be good for the system overall. Mr. Kessler recounts how, when traveling by plane, he and his wife used to book the aisle and window seats in the same row, hoping the middle seat would remain empty but offering to trade for the aisle seat if someone showed up: a clever hack for one group, but one that would get complicated quickly if everyone did that.

"An overemphasis on winning risks rewarding the vigilant while exhausting everyone. Constant sprinting also risks crowding out time for quiet reflection. Mr. Kessler offers a helpful release valve he calls “settling for silver,” a strategy for stepping away from the fiercest competition. Sometimes the race is unavoidable, and it helps to know the quickest route. But the deeper question isn’t whether to sprint harder or settle sooner; it’s defining for ourselves what the prize is and what will actually bring us joy and fulfillment in life. After all, as Mr. Kessler writes, “the fact that we have different preferences is what makes markets—and life—more exciting.” 

Tuesday, January 13, 2026

The administration takes its eye off medical journals (TACOs can be good)

The war against science hasn't just focused on research universities, but also on scientific journals. (The concern with journals is that they privilege evidence, which is seen as discriminating against some viewpoints.)  And the war on science has a particular focus on medicine, and hence on medical journals. But policing journals takes patience, and (in this case, fortunately) the eye of Sauron doesn't have a lot of patience. (Sort of like pediatricians, who are always in a hurry because they have little patients...) 

Medpage Today has the story:

DOJ Sent Letters to Medical Journals. Then What Happened?
— Worrying probe into publications' partisanship may have lost steam
  by Rachael Robertson, 

"A few months into the second Trump administration, major medical journals received letters from Edward R. Martin Jr., who was the U.S. attorney for the District of Columbia at the time. (He has since been replaced by Jeanine Pirro.) 

"The first letter to come to light was addressed to CHEST Editor-in-Chief Peter Mazzone, MD, MPH, of the Cleveland Clinic, and dated April 14. Martin's letter contained five questions, including how the journal assessed its "responsibilities to protect the public from misinformation" and how it handled competing viewpoints. Martin requested a response by May 2.

"Other major journals received similar letters, including the New England Journal of Medicine and Obstetrics & Gynecology, the official journal of the American College of Obstetricians and Gynecologists, as well as two other journals that did not want to be named.

"But since receiving those letters in April, the publications haven't heard a peep on the matter from DOJ, several of the journals confirmed to MedPage Today. Most of the journals also declined to comment on the details of their responses to DOJ's letter. "

Monday, January 12, 2026

History of the U.S. National Science Foundation (NSF)

 The NSF has played a key role in American science, and risks being collateral damage in the war against science.

Here is a their history web page:

History of the U.S. National Science Foundation 

Like many scientists, I'm deeply grateful for their support, particularly their early support. 

 The section "NSF's history and impacts: A brief timeline" mentions some accomplishments decade by decade, including this for the 2010's

 kidney illustration   2010

"NSF-supported researchers use economic matching theory to develop a kidney exchange program that dramatically improves efficiency and doctors' ability to match organs. For his work in this area, Alvin Roth shares the 2012 Nobel Memorial Prize in Economic Sciences."

#####

All my posts on NSF.  

Sunday, January 11, 2026

The Economic Experience: An Introduction through Experiments by Charles A. Holt and Erica Sprott

 Princeton University Press has a new economics textbook centered on experiments:

 The Economic Experience: An Introduction through Experiments by Charles A. Holt and Erica Sprott  

"An innovative introduction to economic behavior that uses interactive experiments to promote experience-based discovery"

Here's my blurb:

“Experiments have had a huge impact on behavioral economics, and Holt and Sprott’s book aims to make teaching economics, through experiments, easy on instructors and fun for students.”—Alvin Roth, Stanford University

 

Saturday, January 10, 2026

What to read in 2026: FT recommends Moral Economics (plus blurbs by Milgrom, Wilson and Goldin:)

 The Financial Times looks into its crystal ball to suggest what books to read in the coming year, organized by the month in which they are scheduled to appear.  I'm happy to see my book among them. (And the first two blurbs are now online as well:)

What to read in 2026 

May 

    Moral Economics: What Controversial Transactions Reveal About How Markets Work by Alvin Roth (Basic Books)
Today’s fiercest moral battles are reframed as questions of market design, rather than absolute rights and wrongs. From reproductive medicine to drug policy and organ donation, Nobel Prize winner Roth shows how societies can calibrate what is permitted, restricted or banned without abandoning ethical concern.
 

The subtitle (subtly different from the U.S. version) reveals that they are thinking of the U.K. Version of my book. 

 

 

"Review
"From the right to sell a kidney to the cost of a surrogate birth, our sense of "right and wrong" shapes the economy more than we realize. Nobel laureate Alvin Roth - the world's leading "philosopher-economist" -unpacks the hidden moral codes that govern our most intimate transactions. This is a clear-eyed guide to understanding where the market ends, where morality begins, and how we can design a world that honors both -- Paul Milgrom and Robert Wilson, Nobel laureates, Stanford University

"With clarity and compassion, Al Roth explores the transactions society cannot escape - surrogacy, the purchase of body parts, the sale of sex, and a host of "repugnant" relationships. What should be regulated? What should be banned? What are the limits of using price in the marketplace? Be prepared to think in new ways and gain from the insights of a great market designer -- Claudia Goldin, Nobel laureate and author of CAREER AND FAMILY 
 "

Friday, January 9, 2026

WHO Says Countries Should Be Self-Sufficient In (Unremunerated) Organs And Blood by Krawiec and Roth (now open source)

The published version of our paper is now widely available:

Kimberly D. Krawiec and Alvin E. Roth, “WHO Says Countries Should Be Self-Sufficient In (Unremunerated) Organs And Blood,” in James Stacey Taylor and Mark J. Cherry, eds., Markets in Human Organs for Transplantation: Controversy and Contention., Routledge, November 2025 (open source) https://www.taylorfrancis.com/reader/download/5885e1ba-c9af-4547-941c-821a2afaa7ee/chapter/pdf?context=ubx  

From the introduction:

[The nonremuneration principle] is only half of a WHO policy, broadly accepted around the world, that mandates both national (or sometimes only regional) self-sufficiency and an absence of remuneration for both blood products and transplantable organs (hereafter, the “twin principles”) (WHO 2009, 2023). This self-
sufficiency mandate, though less examined than the ban on  remuneration, presents a real hurdle to progress in transplantation, especially for smaller and low and middle income (LMIC) countries. 

"WHO’s insistence on self-sufficiency inhibits cooperative kidney
exchange efforts (as well as other innovations) among countries that
would benefit all concerned, especially the LMIC that the policy is purportedly designed to help. As will be discussed, the policy’s effect on blood products, especially when combined with the no remuneration rule, is even more stark – no country that fails to compensate donors is self-sufficient in plasma collection and few LMIC collect sufficient supplies of whole blood.
 

"This chapter critiques these twin principles, making several central points. In Section 2.2, we discuss the twin principles as applied to blood products, noting the particularly pernicious effects on plasma supply and availability, especially in poorer nations. In Section 2.3, we turn to transplantation, emphasizing the numerous benefits of international cooperation and cross-border transplantation – benefits that would be undermined by self-sufficiency, especially in smaller countries and those without well-developed domestic exchange programs. We illustrate this point with examples drawn from several noteworthy instances of cross-border kidney exchange.
 

"In Section 2.4, we argue that the current discourse around remuneration and organ donation is frequently overdramatic and unhelpful. Although nearly every effort to increase organ donation and transplantation presents ethical challenges, not every such effort amounts to “trafficking” or “a crime against humanity.” These labels stifle helpful deliberation, progress, and consensus. Section 2.5 concludes with recommendations for a saner approach to the scarce resources of blood products and transplantable organs – one that is focused on international cooperation, rather than self-sufficiency; evidence-based policies, rather than a reliance on decades-old
assumptions and understandings; and the use of pilot studies and trials to test the ethics, safety, and efficacy of incentives in various settings."

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Here's the book: