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."

Tuesday, March 31, 2009

College admissions: waiting lists

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Today is the day when the most highly selective (i.e. lowest percentage of admits) colleges will inform students who they have decided to ad...
41 comments:
Monday, March 30, 2009

Singapore kidney update

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To follow up on my post yesterday about Organ donation and compensation in Singapore: new legislation , Sally Satel points me to The Human ...
100 comments:

"Problem customer" registries for prostitutes

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High end prostitutes and others who do business as "escorts" are vulnerable to booking bad customers, who may be abusive, fail to ...
3 comments:
Sunday, March 29, 2009

Organ donation and compensation in Singapore: new legislation

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A new law was passed on March 24 in Singapore, allowing compensation for live organ donation. It's not yet clear what this will mean in...

Giving anonymously, for a fee

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How to give money to a friend anonymously (and be sure that it is received)? Try Giving Anonymously , established "to facilitate giving...
5 comments:
Saturday, March 28, 2009

Markets for (viewing) bodies

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Among the oldest repugnant transactions are those that involve dealing with the dead. In the early 1800's, British medical schools illeg...
Thursday, March 26, 2009

Google's auction for TV ads (and some thoughts on Practice and Theory)

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Noam Nisan at Algorithmic Game Theory posts a preliminary version of his paper Google's auction for TV ads . It is part of a post titled...

Update on scalping

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My old friend the sports economist Larry DeBrock writes to update my recent post on Scalping and intermediation : "...the Cubs won a bi...

Market for book reviews: Amazon version

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Here's a nice description of how Amazon's reviews are ordered: at the top are the ones rated most useful, both positive and negative...
Wednesday, March 25, 2009

Algorithmic Game Theory blog

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Noam Nisan the eminent Hebrew University computer scientist, has a new blog, called Algorithmic Game Theory . For economists who may not ye...
1 comment:
Tuesday, March 24, 2009

''Not everything that is immoral has to be illegal'

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The quotation in the title of this post is from Romanian Justice Ministry legal expert Valerian Cioclei, and it comes from the NY Times sto...
1 comment:
Monday, March 23, 2009

School choice in Belgium: update

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In an earlier post , I discussed some of the problems in the school choice systems in Belgium, and noted that Estelle Cantillon had organiz...
Sunday, March 22, 2009

Economics Job Market “Scramble” for New Ph.D.s

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To candidates on the economics job market (and to graduate placement directors): the scramble opens for registration tomorrow (March 24), a...
1 comment:

The Harvard of Auctioneering

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I was struck by this line in a story in the NY Times: "The auction itself began at 10:15 a.m. when Rob Nord, a professor of bid calling...
Saturday, March 21, 2009

Market for childrens' books

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Bestsellers in any category are what make publishing profitable. But childrens' books must be very special, because a bestseller can hav...
Friday, March 20, 2009

Scalping and intermediation

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The resale of tickets for concerts and sporting events, at higher prices than those at which they were initially made available, is often re...
Thursday, March 19, 2009

Match Day for new doctors

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Today is the third Thursday in March, Match Day for young doctors seeking their first job through the National Resident Matching Program ( N...
2 comments:

Black market kidney sales in the Phillipines

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Last Friday I was part of a panel at Harvard at the National Undergraduate Bioethics Conference , at which a panel consisting of me, Frank ...
4 comments:
Wednesday, March 18, 2009

Market for information

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Mostly we think it is good for information to be freely available, but one place where we often do not is in the adversarial system of trial...
Tuesday, March 17, 2009

Patents Versus Markets: a Market Design Experiment

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The March 16 issue of Science contains a laboratory experiment concerned with a market design question (subscription required): Promoting In...
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Al Roth
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