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 2, 2021

Electricity supply and electricity politics in Texas--an interview with Peter Cramton

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  The veteran market designer Peter Cramton was among the members of the Board of Directors of the Electric Reliability Council of Texas ( ...
Monday, March 1, 2021

Compensating challenge vaccine trial participants: further discussion in the American Journal of Bioethics

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  The AJB invites commentaries on its target articles, and the comments on our article on payments in human infection challenge trials have ...
Sunday, February 28, 2021

What Motivates Paternalism? By Ambuehl, ,Bernheim and Ockenfels in the AER

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  I have long been interested in repugnant transactions , which some people would like to engage in and others, not themselves involved in t...
Saturday, February 27, 2021

Vaccine supply, and delivery, a call to increace production capacity, in Science

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 The latest issue of Science has a call  by a very distinguished roster of economists, to invest in additional vaccine capacity, urgently, t...
Friday, February 26, 2021

Vaccine delivery improving, with congestion

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  A statewide vaccine appointment list is a good idea, but it can crash: Massachusetts Vaccination Website Crash: What Went Wrong?   The sta...
Thursday, February 25, 2021

Art museums selling art: relaxing the repugnance against "deaccessioning"

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  Here's an interesting look at the ways professional organizations can influence the behavior of their members by endorsing changes in ...
Wednesday, February 24, 2021

A shortage of medical residency positions

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 Rising numbers of American medical graduates, combined with more constant numbers of medical residencies (which are required for medical li...
Tuesday, February 23, 2021

A non-simultaneous liver exchange chain at UCSF, and a brief history of liver exchange

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 Living donor liver transplants are relatively uncommon in North America compared to Asia.  Liver exchange might help change that. Here are ...
Monday, February 22, 2021

Ethical Payment in Human Infection Challenge Studies in the American Journal of Bioethics

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 There are likely more vaccine trials ahead of us, of new vaccines and modifications of old ones to defend against new variants of covid. He...
Sunday, February 21, 2021

Human infection challenge trials for Covid vaccine to move forward in UK

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 The BBC has this story: Covid-19: World's first human trials given green light in UK "Healthy, young volunteers will be infected w...
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Al Roth
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