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, October 31, 2010

Richard T. Gill, economist and opera singer

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Richard T. Gill, Economist and Opera Singer, Dies at 82 "Mr. Gill, a longtime Harvard faculty member who wrote many widely used econo...

Oil and gas auctions in Iraq

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Apparently it's hard to get energy companies to bid on some of Iraq's energy reserves, but that varies province by province. Iraq re...
Saturday, October 30, 2010

Regulation of repugnant transactions

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One argument for not outlawing repugnant transactions is that if they are legal they can be regulated. When people follow that line of reaso...
Friday, October 29, 2010

Sally Satel on compensating donors

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In my market design class today, I'll start off by talking about kidney exchange  (sometimes called kidney paired donation, KPD). After ...
Thursday, October 28, 2010

Physician, heal thyself: kidney docs as kidney donors

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Tufts Medical Center's physician newsletter has a feature on Kidney Transplantation  (starting on p4) that highlights the story of Dr. A...

Unraveling of pre-Christmas sales

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Stores Push Black Friday Into October  says the NY Times (today,Thursday, Oct 28): "The first “Black Friday Now” deals at Sears will...
2 comments:
Wednesday, October 27, 2010

Kidney paired donation conference: financing kidney exchange

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A conference in Philadelphia today will take a look at a so far unresolved aspect of kidney exchange : how to finance it. Since transplantat...
Tuesday, October 26, 2010

Flash sales--buying in a hurry

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Time Is Money ... "But commerce will always require the creation of scarcity, bottlenecks and stampedes. The most immediate way to do...
Monday, October 25, 2010

Susan Athey on online experiments

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My colleague Susan Athey (in whose class I'll be guest lecturing today) speaks to NPR : "Susan Athey: Did you know that every ti...
Sunday, October 24, 2010

Single-hospital kidney exchanges in Texas and Illinois

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A recent letter to the editor in the New England Journal of Medicine reports on the kidney exchange ("kidney paired donation") pro...
1 comment:
Saturday, October 23, 2010

How does repugnance change over time?

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Kwame Anthony Appiah's latest book proposes it has something to do with honor:  The Honor Code: How Moral Revolutions Happen . Here...
Friday, October 22, 2010

Centralized enrolment in New Orleans public schools

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The impetus seems to be special education, according to a story in the Times-Picayune , but the New Orleans public schools are going to comb...
Thursday, October 21, 2010

NSF ScienceLives interviews me on market design

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The NSF writes about market design by interviewing me... Economist Finds Best Matches for Students and Schools By Ellen Ferrante, National...
Wednesday, October 20, 2010

The history of the market for injectable insulin

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First came the great, long awaited discovery. The NY Times has a great account by Dr. Abigail Zuger: Rediscovering the First Miracle Drug . ...
Tuesday, October 19, 2010

Rakesh Vohra on repugnant contracts for onions

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Over at the Leisure of the Theory Class,  Rakesh  Vohra takes up the question of the day, which is Onions , and in particular, Public Law 85...
4 comments:

Comment on the proposed NRMP scramble following the resident match

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The NRMP website asked for comments on the NRMP's new plan for organizing the post-match scramble, and some of my young colleagues and ...
Monday, October 18, 2010

Is the law clerk hiring regime on its last legs?

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That's the question asked by an Oct 18 article in the National Law Journal. Clerkship scramble: The system for placing them with federal...
Sunday, October 17, 2010

The market for marijuana in CA--buying is almost legal, selling and growing not

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Another transaction takes another step from repugnant to not: Schwarzenegger approves bill downgrading marijuana possession of ounce or less...

Phone sex as a repugnant transaction

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I was struck by the opening paragraphs of this story: "In some ways, working as a phone-sex dominatrix is lot simpler than being on a...

Now you can buy copies of successful college applications

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The Chronicle of Higher Education reports on a new business venture aimed at applicants to selective colleges. For Sale: Successful Ivy Leag...
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Al Roth
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