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."

Thursday, February 9, 2023

Ticketmaster and the secondary market for tickets, by Budish and Bhave

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 Here's a still-timely paper that was a work in progress for quite a while. Primary-Market Auctions for Event Tickets: Eliminating the R...
Wednesday, February 8, 2023

Song of the year Grammy award for organ donation: Bonnie Raitt - Just Like That

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Stephanie Wang alerts me to the surprising fact that this year's Grammy Award for Song of the Year is Bonnie Raitt's song, Just Lik...
Tuesday, February 7, 2023

Social media advertising and COVID vaccination, in PNAS

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  Vaccine rollout is different than allocating other (initially) scarce goods because it involves overcoming vaccine hesitancy.  Here's ...
Monday, February 6, 2023

Obstacles facing liver exchange

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 Liver exchange is different than kidney exchange in a number of important dimensions, some of which will present obstacles that need to be ...
Sunday, February 5, 2023

Advice on dealing with exploding offers in the Economics job market

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  The market for new Economics Ph.D.s is in flux, with interviews this year being conducted remotely by Zoom rather than in person at the an...
Saturday, February 4, 2023

Unraveling of the private equity labor market, continued (and continuing)

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 Here's some news and history on the Private Equity On-Cycle Recruiting Timeline by Matt Ting (Peak Frameworks) "The sheer absurdit...
Friday, February 3, 2023

Selling flavored cigarettes after California's ban

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 It's hard to regulate tobacco. The NY Times brings us up to date on California's ban on flavored tobacco products. R.J. Reynolds Pi...
Thursday, February 2, 2023

Legal Frontiers for Safeguarding Reproductive Freedoms, in JAMA

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  We can expect long legal battles to follow the repeal of Roe v. Wade.  Here's a survey of the battlefield in JAMA. New Legal Frontiers...
Wednesday, February 1, 2023

Donate blood or organs to pay a traffic fine or shorten a prison term?

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I spend a lot of my time thinking and writing about repugnant transactions and controversial markets, and some of that intersects with my wo...
Tuesday, January 31, 2023

Donating blood while gay

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  The Washington Post brings us up to date: FDA to ease blood donation ban on gay men, allow monogamous to give . By Laurie McGinley, Teddy ...
Monday, January 30, 2023

Tonya Ingram (1991-2022), health activist, died while waiting for a kidney

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 Tonya Ingram, a poet and health activist who testified in Congress about the long waiting list for kidney transplants, died last month whil...
Sunday, January 29, 2023

Paul David (1935-2023)

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 My Stanford colleague Paul David has died. He was an exceptional, iconic economic historian. Gavin Wright has written this obit: Professor ...
Saturday, January 28, 2023

Signaling in the markets for new doctors

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  Signaling of interest is catching on in medical labor markets for residents and fellows. Here's some material from Thalamus  (which de...
Friday, January 27, 2023

Liver exchange pilot program at UNOS

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 In another step for liver exchange , here's the announcement from UNOS, which recently registered its first patient-donor pair: UNOS la...
Thursday, January 26, 2023

Blasphemy in Pakistan

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 How to strengthen a ban that already allows the death penalty for repugnant speech?  The NYT has the story: Pakistan Strengthens Already Ha...
Wednesday, January 25, 2023

Academic authorship for sale

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 Here's a news story in Nature: Multimillion-dollar trade in paper authorships alarms publishers. Journals have begun retracting public...
Tuesday, January 24, 2023

"Financial incentives for vaccination do not have negative unintended consequences," in Nature

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  Here's a recent article in Nature whose title effectively summarizes its conclusions, and brings some evidence from RCTs to bear on th...
Monday, January 23, 2023

Incentives for deceased organ donation, in Asia

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 Here's a discussion, in an Asian context, of providing incentives to families to consent to deceased donation. Introducing Incentives a...
Sunday, January 22, 2023

The trade in guns and drugs on the Mexico-US border

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 It's well known that a lot of illegal drugs enter the U.S. over the border with Mexico.  Less well known in the U.S. is that a lot of g...
Saturday, January 21, 2023

Post Roe (post Dobbs) legal efforts to secure rights established in previous Court decisions

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 Since the Supreme Court ruling in Dobbs that overturned Roe and said that abortion was subject to regulation by each State, and not an ind...
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Al Roth
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