Saturday, January 31, 2009

Academic marketplace: Reactions to the recession

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The Globe reports: Despite crunch, some colleges go on hiring spree . "Amid the gloom of hiring freezes across much of academia, some N...
Friday, January 30, 2009

Open access journals

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To continue yesterday's discussion about the Market for ideas , academic journals present an interesting set of institutions. The Chroni...
Thursday, January 29, 2009

Market for ideas

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Joshua Gans and Scott Stern sent me a fascinating market design paper called Is there a market for ideas? , which performs some admirable i...
Wednesday, January 28, 2009

Market for stem cell researchers

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Not all stem cell researchers are celebrating the Obama reversal of the Bush ban: Canada's Globe and Mail headlines a story As U.S. emer...
Tuesday, January 27, 2009

Market for art

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One of the unusual things about the art market is that the "velocity" of art that becomes acknowledged as important, i.e. the rate...
1 comment:
Monday, January 26, 2009

Taxing a repugnant transaction?

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Nevada's legal brothels are asking to be taxed by the state, as a hedge against a change in sentiment that might make prostitution illeg...
Sunday, January 25, 2009

Market for processed food

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The task of tracking down a salmonella outbreak having to do with peanuts casts some light on just how many suppliers are involved in the pr...
Friday, January 23, 2009

TARP auction: Bank of England version

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My hotel in Maastricht is housed in an old (renovated) church, and it now has excellent internet connections, so I can blog a bit more than ...
1 comment:
Thursday, January 22, 2009

Maastricht conference on Matching, Coalitions, Networks and Behavior

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I will likely not blog again until the middle of next week, as I'm travelling. On Friday and Saturday I will be participating in the 200...
Wednesday, January 21, 2009

Contract Design: Rights of First Refusal

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Brit Grosskopf and I have just published a paper on an interesting variant of a familiar contract. It's called: " If you are offere...
Tuesday, January 20, 2009

Market designer in chief

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President Obama's inaugural address touched on many themes, and spoke to many people. Here's what he had to say on market design: ...

Market for inauguration tickets, continued

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Reports are that Last-Minute Tickets Are Scarce , as scalpers have relatively few tickets to sell. Many people with tickets to Obama's s...
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Monday, January 19, 2009

Market for (seventh grade) basketball players

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Got game in 7th grade? NCAA says you're a prospect It looks like the NCAA plans to fight unraveling with unraveling: "Giving in to ...
1 comment:
Saturday, January 17, 2009

Market for human breast milk

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The New Yorker reports on mother's milk: Baby Food . It turns out that this is a repugnant market : "Can a human-milk bank pay a w...

Property rights and real estate: Squatting in Britain

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Markets allocate rights, but laws determine what those rights entail. Britain's real estate laws are unusual in giving owners only limit...
3 comments:
Thursday, January 15, 2009

Market for matchmakers: sorting by price

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Dating and matchmaking services vary widely on a number of dimensions, one of which is price. Below I'll talk about services whose price...
4 comments:

Heathrow airport

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Heathrow airport is in the process of expanding by adding an additional runway, a process that has run into lots of opposition, the Times re...
2 comments:
Wednesday, January 14, 2009

Marriage market in Saudi Arabia: age of marriage

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Many markets unravel , that is, transactions tend to become earlier and earlier. One example is marriage markets, in which betrothals can so...
Tuesday, January 13, 2009

Rental market for textbooks

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From Peter Klein at Organizations and Markets: Students: Consider Renting, not Buying, Your Books " Chegg is the Netflix of college te...
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Class notes on Market Design

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Fuhito Kojima is teaching a Matching and Market Design class at Yale, and he'll post his lectures as they develop. On my game theory a...