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."

Friday, October 31, 2008

Market for toilets: NYC marathon

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Providing Toilets for 39,000 Runners The NYC marathon is a peak load event: "Gathering and placing 2,250 portable toilets for a one-day...

Piracy

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The LA Times reports: Somalia's pirate problem grows more rampant "Entire villages along the coast now engage in piracy. Unemploy...
Thursday, October 30, 2008

Market for marketing professors

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Dan Goldstein at LBS has published his impressions of and advice about the interviewing process at the American Marketing Association annual...

Market for masseurs in S. Korea

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SKorean Court Rules in Favor of Blind Masseurs "A law that allows only visually impaired people to become licensed masseurs does not vi...
Wednesday, October 29, 2008

Market for elephant ivory

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The Times of London reports on a government sponsored sale of legal elephant ivory (I presume taken from elephants that died a natural death...

Market for bribes and corrupt influence

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A MA state senator has been charged with accepting bribes to influence the issuing of a liquor license. The criminal complaint describes how...

Blood supply safety--paid versus unpaid

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The Food and Drug Administration is responsible for keeping the blood suppy safe. As anyone who gives blood knows, before you can give blood...

Universities in the current economy

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The Chronicle of Higher Education reports: Booming States Lure Academics From Those With Financial Woes ( un-gated version here for five d...
Tuesday, October 28, 2008

Auctions for seats at sporting events

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The Jets Gross $16 Million in a Seat-License Auction The days when sports teams sold tickets at below market clearing prices to fans who wai...

NBER working papers on design of partnerships and auctions

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Two new NBER papers touch on market design: Hilt and O'Banion discuss the introduction of limited partnerships, and Bajari and Yeo look ...
Monday, October 27, 2008

Slavery

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Court Finds Niger Guilty on Slavery Charge "A West African regional court found the government of Niger guilty on Monday of failing to...
Sunday, October 26, 2008

Business networking thrives in a recession

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Business networking is countercyclical: the Financial Times reports "Professional networks such as LinkedIn and Xing, a European rival,...
1 comment:
Saturday, October 25, 2008

Property rights

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A lack of well defined property rights can hamper efficiency. A case in point: Christians Feud Over Church of Holy Sepulcher "The Israe...

Animal rights and food production in CA--Proposition 2

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Animal rights, and what kinds of food can be sold, continue to be an issue in California (and not just in connection with the 1998 referendu...

Market for coffee

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I wonder what a recession will do to high end coffee shops. Will Americans back away from $4.00 cappuchinos? Or will those seem like a still...
1 comment:
Friday, October 24, 2008

Assisted suicide and "death tourism"

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The Times of London follows the Swiss suicide ‘clinic’ Dignitas "The Crown Prosecution Service is deciding whether to press charges aga...
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Britain's National Health Service and private medicine

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Up until now, Britain's NHS has insisted that patients either accept the NHS's formulary which does not cover some expensive drugs, ...

Freakonomics on legalizing prostitution

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Should Prostitution Be Decriminalized? , a thoughtful post on the subject at Freakonomics.

eBay hasn't replaced garage sales

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The credit crunch is bringing them back: Garage Sales on Rise With Economic Downturn

Debt and fairness

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Margaret Atwood points out that credit and debt are not only economically important but highly emotive, and that solutions to the credit cri...
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Al Roth
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