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, November 8, 2021

Approximating large games

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One of the big lessons of market design is that market participants may have big strategy sets.  This means that analyzing naturally occurri...
Sunday, November 7, 2021

Marilda Sotomayor: a career in matching

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  Pesquisa FAPESP has a good interview with Marilda Sotomayor, about her career in game theory, and matching theory in particular, and how s...
Saturday, November 6, 2021

A step towards kidney exchange in Germany

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 Here's an announcement of the German Medical Association's endorsement of kidney exchange, in the Deutsches Ärzteblatt. Ärztetag sp...
Friday, November 5, 2021

First kidney exchange in Hong Kong

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 The Standard has the story: First paired kidney donation in Hong Kong completed successfully,    3 Nov 2021 "The first paired kidney d...
Thursday, November 4, 2021

Lawsuits involving NKR's kidney exchange contracts

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  Kim Krawiec, the Sullivan & Cromwell Professor of Law at the University of Virginia,  sheds some light on recent legal exchanges betwe...
Wednesday, November 3, 2021

Selection of Dutch doctors by lottery

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 Here's a recent article describing the once and future Dutch selection of medical students by lottery. (I believe that residency positi...
Tuesday, November 2, 2021

Venus of Willendorf, on OnlyFans

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  The NY Times has the story: OnlyFans May Be a Refuge for Nude Fine Art. The Vienna Tourist Board has joined the adults-only site to displa...
Monday, November 1, 2021

Contract design (by lawyers for users...)

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  Here's an interview from the legal blog Above the Law: Why The Time For Better Contract Design Is Now . Q&A with Stefania Passera ...
Sunday, October 31, 2021

Market Design by Nikhil Agarwal & Eric Budish (forthcoming in the Handbook of Industrial Organization)

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 Here's an NBER working paper that will appear in the Handbook of Industrial Organization: Market Design by Nikhil Agarwal & Eric B...
Saturday, October 30, 2021

Economic warfare: how to staff it?

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  The Financial Times has a story about how the UK Ministry of Defense runs an economic warfare unit, which needs to be staffed differently ...
Friday, October 29, 2021

Matching refugees to countries by Jesús Fernández-Huertas Moraga and Martin Hagen

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 From the IZA World of Labor : Can market mechanisms solve the refugee crisis? The combination of tradable quotas and matching would benefit...
Thursday, October 28, 2021

Luxembourg combats cannabis black markets by legalizing home cultivation

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 Luxembourg is combatting cannabis black markets by ending the prohibition on home cultivation. The Guardian has the story: Luxembourg first...
Wednesday, October 27, 2021

Celebrate John Kagel, in Tucson, in person, Oct 28

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 John H. Kagel Symposium "On Thursday, October 28, 2021 we will be holding a workshop to celebrate John’s work and highlight his scient...
Tuesday, October 26, 2021

Same sex marriage now legal in Switzerland, by popular referendum

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  The BBC has the story (it happened last month, but I wasn't paying attention): Switzerland same-sex marriage: Two-thirds of voters bac...
Monday, October 25, 2021

Crime and punishment (or not): Shoplifting in San Francisco

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  In a criminal justice system in which incarceration sometimes seems to be the treatment of choice, it makes some sense to pay less attenti...
Sunday, October 24, 2021

The Economist celebrates Milgrom and Wilson, and economic engineering

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 The Economist has weighed in on the 2021 Nobel Prize in Economics: The Nobel prize in economics rewards advances in auction theory. For the...
Saturday, October 23, 2021

Economics of organ transplants celebrated by Stanford GSB

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  The Stanford GSB website has a long article celebrating the work at Stanford studying many aspects of kidney transplantation (kidney excha...
Friday, October 22, 2021

Kidney failure is epidemic among agricultural workers in hot countries… so is likely to be exacerbated by global warming.

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  When I visited the UAE this past summer, I learned that it has high rates of kidney failure, attributed to the very high temperatures tha...
Thursday, October 21, 2021

Janos Kornai (1928-2021)

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 Peter Biro alerts me to the passing of Janos Kornai . Renowned Economist Kornai Dies Aged 94 and here Economist Janos Kornai dies He was a ...
Wednesday, October 20, 2021

NBER Market Design Working Group Meeting, Fall 2021

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Market Design Working Group Meeting, Fall 2021 DATE October 21-23, 2021 (Times in EDT) ORGANIZERS   Michael Ostrovsky and Parag A. Pathak NB...
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Al Roth
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