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."

Monday, May 4, 2009

Waiting lists from the colleges' point of view

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May 1 was the deadline by which students admitted to colleges were supposed to send in their acceptances, so, later this week, when all the ...
Sunday, May 3, 2009

Same sex marriage in Canaan

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I've posted several times about recent developments in the U.S. on the legalization of gay marriage, most recently here: Same sex marria...
1 comment:

Market for sabbatical homes

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Professors and some other kinds of teachers have periodic leaves, for a semester or an academic year, that don't match well with the usu...
2 comments:
Saturday, May 2, 2009

Football bowls: market design by Congress?

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Sports fans will no doubt be relieved to learn that the Feds are on the case: Congress examining fairness, financing of BCS system . "T...
1 comment:
Friday, May 1, 2009

College letters of rejection

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Today is the day by which students must accept an offer of admission from most colleges. So it's a good time to think about those applic...
Thursday, April 30, 2009

Cadavers for dissection by medical students

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I've written before about how the purchase of cadavers (even) by medical schools for anatomy classes was for many years a repugnant and ...
2 comments:
Wednesday, April 29, 2009

Tax credits for organ donors, and medals

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The issue of what compensation or reimbursement if any to allow for organ donation continues to be raised, very slowly, cautiously, and mode...
Tuesday, April 28, 2009

Private sales of artworks, in a down market

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Auctions are good for price discovery, and price discovery is particularly important for "common value" goods, i.e. goods whose va...
Sunday, April 26, 2009

Rankings of universities: vintages and coordination of expectations

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US News and World Report has published its annual ranking of American universities . One thing that the rankings make clear is that, while t...
3 comments:

Market for bogus colleges

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Colleges not only educate students, they also give them credentials and certifications. So it is not too surprising that there is both a dem...
Saturday, April 25, 2009

Efficient random allocation of discrete goods, Mihai Manea

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In this season of Ph.D. dissertation defenses, Mihai Manea just completed the last defense that I'm intimately involved in. His work inc...
Friday, April 24, 2009

Behavioral contract design; Steve Leider

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Steve Leider defended his dissertation last week. He's an eclectic experimenter, but among his varied interests is how insights from psy...
Thursday, April 23, 2009

Course allocation, by Eric Budish

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The problem of allocating courses to students is a famously hard problem of market design. The reasons include the fact that, in most applic...
2 comments:
Wednesday, April 22, 2009

Market for authenticity: sports memorabilia

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Sports memorabilia from specific games can be valuable, but used to be hard to authenticate. No more. Now Major League Baseball Fights Faker...
1 comment:
Tuesday, April 21, 2009

Giving anonymously, through an intermediary

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I recently blogged about a service set up to enable people to give (relatively) small gifts anonymously, Giving anonymously, for a fee . La...
Monday, April 20, 2009

Market for hand crafted food, continued

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When I last wrote about the market for hand crafted food , I focused on a concentration of producers in Brooklyn. The fact that there are se...
1 comment:
Sunday, April 19, 2009

College admissions waiting lists: advice on signaling

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I last wrote about College admissions waiting lists on March 31, when the most selective colleges were just sending out their acceptances, ...
2 comments:
Saturday, April 18, 2009

Why people don't sign organ donor cards

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In a report titled The Reluctant Organ Donor , the NY Times wellness blog reports that "Only 38 percent of licensed drivers are registe...
2 comments:
Friday, April 17, 2009

Plug-in hybrid cars, and the retail market for electricity

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The news is full of plug-in hybrid cars, i.e. cars with both an electric and a gasoline powered motor, which can be recharged overnight from...
1 comment:
Thursday, April 16, 2009

Match Day for New Doctors, the book

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When I blogged last month about Match Day for new doctors , I mentioned Brian Eule's new book, Match Day: One Day and One Dramatic Year ...
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Al Roth
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