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."

Friday, July 3, 2020

Job market technology is diffusing slowly through the armed forces

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Here's a story from the Army Times, about trying to incorporate enlisted soldiers' preferences into their job assignments. (I hope ...
Thursday, July 2, 2020

John Harsayni, on Hungarian coinage (and a memorable conversation)

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The title of this blogpost is ambiguous, but the picture should disambiguate it. (As far as I know, the late great game theorist, who initi...
Wednesday, July 1, 2020

Field experiments as/and market design in the July AER

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(2) Field Experiments and the Practice of Economics Abhijit Vinayak Banerjee Full-Text Access | Supplementary ...
Tuesday, June 30, 2020

The fall and rise of food supplies in Covid-19 India, by Matt Lowe and Ben Roth

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Pandemic lock downs gave food supply a shock in Indian markets, but they have recovered. COVID Lockdown: How India's Food Supply Chai...
Monday, June 29, 2020

New seminar series on Marketplace Algorithms and Design.

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Yash Kanoria writes to alert me to their new seminar series: Gagan Goel, Daniela Saban, and Yash Kanoria (with help from Judy Gan) are ...
Sunday, June 28, 2020

Course allocation with minimum quotas, by Bichler, Hammerl, Waldherr, and Morrill

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Here's a course allocation problem:, "Our specific task was to assign students to classes in the computer science and information ...
Saturday, June 27, 2020

Strategy proofness in auctions, beyond the frontiers of our most reliable knowledge

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A lot of market design goes on beyond the frontiers for which we have robust general theorems. Computational methods are important in these...
Friday, June 26, 2020

Pandemic policies work differently in different places

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Here's a recent largely empirical paper by many authors, looking at the actual and counterfactual impact of different pandemic response...
Thursday, June 25, 2020

Market designers and ventilator allocation, by Pathak, Sönmez, and Ünver

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I recall when a big part of practical market design was explaining to skeptical listeners why they should listen to economists... June 19...
Wednesday, June 24, 2020

Curbside interviewing / hiring joins curbside pickup in a social-distancing economy

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The WSJ has the story: Job Recruitment Adopts Social Distancing as Coronavirus Alters Practices Employers rethink how they hire, trying...
Tuesday, June 23, 2020

I join the NRMP board of directors

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In the 1990's I worked closely with the NRMP on the resident match, and since then I've been following it from a distance.  Now I...
Monday, June 22, 2020

Raj Chetty nowcasts Covid-19

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Here is Raj Chetty on what the covid-19 market shock looks like pretty much as it is happening... his talk starts at 13.20, after an intro...
Sunday, June 21, 2020

Who are U.S. essential workers in the coronavirus lockdowns? McCormack, Avery, Spitzer and Chandra in JAMA

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Here's a paper in JAMA that focuses on households with essential workers, many of whom are low income.   40% of adult workers are class...
Saturday, June 20, 2020

Supermarkets

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There's a nice article about supermarkets in the Atlantic, and how they are organized and supplied,  motivated by nostalgia for one NYC...
Friday, June 19, 2020

The UpFront market for television ads: is it time to change its timing?

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The coronavirus pandemic is an opportunity for advertisers and television networks to renegotiate an odd feature of their market for advert...
Thursday, June 18, 2020

Nicola Lacetera, on The Ethics and Economics of Paying Plasma Donors

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Nicola Lacetera is among the leaders in studying public views about compensating donors of various sorts. Here he discusses the plasma sup...
Wednesday, June 17, 2020

Peter Jaworski on The Case for Voluntary Remunerated Plasma Collections

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Peter Jaworski makes the case for allowing compensation of plasma donors in the wealthy nations of the British Commonwealth: Bloody Well ...
Tuesday, June 16, 2020

Vic Fuchs considers healthcare organization going forward, in JAMA

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Vic Fuchs has a lot of insight into American healthcare. Here are his proposals for after the pandemic (or perhaps for a new administration...
Monday, June 15, 2020

Paul Milgrom corrects the record on spectrum auctions and market design

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Paul Milgrom responds in detail to some scurrilous online criticisms and innuendos about market designers in general and spectrum auctions...
Sunday, June 14, 2020

Economics and Computation 2020: virtual, early and often (from June 15 to July 22)

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The EC conference will be virtual this year, and the organizers have given that some thought.  Here's an announcement (via Jason Hartli...
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Al Roth
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