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."

Sunday, November 30, 2008

Pirate ransom: counterparty risk

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Arranging to deliver the ransom for the Ukranian ship captured by Somali pirates, and to receive the ship and hostage crew in return is a de...
Saturday, November 29, 2008

Signaling on the Economics Job Market

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The signaling mechanism run by the American Economic Association closes on Monday at midnight (but signalers must register by Sunday). Econo...
7 comments:
Friday, November 28, 2008

The changing market for surrogate wombs

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Here is a longish set of excerpts from a very interesing NY Times Magazine story about surrogacy: Her Body, My Baby . It touches on a number...
1 comment:

Market for wind, and information

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A Land Rush in Wyoming Spurred by Wind Power "The man who came to Elsie Bacon’s ranch house door in July asked the 71-year-old widow to...
Wednesday, November 26, 2008

Market for recorded music

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Digital Sales Surpass CDs at Atlantic "Atlantic, a unit of Warner Music Group, says it has reached a milestone that no other major reco...
Tuesday, November 25, 2008

Marriage market

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In an effort to make sure the marriage market is two-sided, British Law Aims at Preventing Forced Marriage "A British law went into eff...

The Big Donor Show wins an Emmy

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A hoax Dutch television show in which three desperately ill contestants vied with each other to be given a donor kidney has won an Emmy in N...
Saturday, November 22, 2008

Inter-caste marriage in India

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Old repugnancies die hard: Indian Government Supports Mixed Unions, But Couples Who Defy System Face Violence "Even though India legali...
1 comment:

Early decision and early action college admission

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The Times updates us on the thriving state of binding early decision, single choice early action, and early action in this year's colleg...
Wednesday, November 19, 2008

Market for major league baseball players: international trade

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The NY Times reports: Japanese Irked at U.S. Interest in Pitching Phenom "Many Japanese baseball officials are outraged that United Sta...

Europe's first auction of carbon emissions permits

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The London Times reports controversy about how the auction revenue should be spent: Protests as carbon permits auction raises £54m The Gover...
1 comment:

Market for kidneys: Singapore

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The Straits Times reports on proposed new kidney legislation in Singapore. The new legislation would raise penalties for third party broker...

Market for sex workers, and human trafficking

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The AP reports UK Government Unveils Plan for Sex Trade Crackdown , which has drawn some nuanced reactions from sex workers and others. ...

Organs for transplant: supply and demand

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An interesting post at Freakonomics brings to attention a paper in the International Journal of Health Services by Herring, Woolhandler, ...
Tuesday, November 18, 2008

Matching students to high schools in NYC

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The final version of our paper on the design of the NYC high school match is now available: Abdulkadiroglu, Atila , Parag A. Pathak , and A...
Monday, November 17, 2008

Incentives for kidneys

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Kidney Disease Takes a Growing Toll reports the Times, as a result of diabetes and hypertension. The article touches on the debate about co...

Receivables exchange

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The NY Times reports on a new online market in which companies can sell their receivables: An Online Market for Selling I.O.U.’s "Busin...
2 comments:
Sunday, November 16, 2008

Market for health care: adding choice in Britain

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Choice is having an effect on Britain's National Health Service, the Telegraph reports: NHS hospital units shunned by patients face clos...

Gay marriage: protests over election setbacks

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I think of bans on who can marry whom as being pure cases of repugnant transactions, namely transactions that some people don't want ot...
Saturday, November 15, 2008

Organized crime in Japan

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The market for crime is organized differently in Japan. The NY Times reports on a local lawsuit involving the headquarters of a yakuza headq...
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Al Roth
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