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."

Wednesday, May 17, 2023

Human trafficking conviction in England, in kidney case-""the consent of the person trafficked is no defense."

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 The BBC has the story, which is apparently the first such conviction for kidney trafficking under Britain's anti-slavery law. Reading t...
Tuesday, May 16, 2023

“DESIGN FOR THE NEXT GENERATION” May 17-19, Bol, Island Brač, Croatia

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 This should be an eclectic conference: Challenges of Europe  “ DESIGN FOR THE NEXT GENERATION ” 14th International Conference Faculty of Ec...
Monday, May 15, 2023

Eliminating Hepatitis C, now that there's a cure (even though it's expensive)

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 There's growing discussion about eliminating Hep C in the U.S., doing appropriate deals with the two drug companies whose patents still...
Sunday, May 14, 2023

Morality in Economics, as viewed from Sociology (Georg Kanitsar in European J. of Sociology)

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Georg Kanitsar , a young sociologist, undertakes the task of looking at how economists think about morality (with a focus on experimental an...
Saturday, May 13, 2023

Organ donation in the U.S.: some background information

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Here's a background piece from a few weeks ago about the organ donation system in the US, focusing on California (and passing quickly ov...
Friday, May 12, 2023

Market Shaping at the University of Chicago: Promoting needed innovation

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  One of many exciting talks yesterday at the first day of the New Directions in Market Design conferen ce was by U. Chicago's Rachel Gl...
Thursday, May 11, 2023

Telehealth restrictions and medical aid in dying/death with dignity

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 Medical aid in dying (MAID) is now available to some extent in eleven U.S. jurisdictions (10 States and the District of Columbia), mostly w...
Wednesday, May 10, 2023

New Directions in Market Design, NBER conference May 11-12, 2023 in Washington DC (and on YouTube)

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 I'm on my way to this conference, celebrating a quarter of a century of practical market design by economists. New Directions in Market...
Tuesday, May 9, 2023

How much compensation for U.S. kidney donors would end the kidney transplant shortage?

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 Here's a paper with a forbidding title but an important message (and an eye-catching first paragraph...:) McCormick, Frank, Philip J. H...
Monday, May 8, 2023

Guns and gun control

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  In the U.S., gun sales are both a protected transaction and a repugnant one. The right to bear arms is protected by the 2nd Amendment to t...
Sunday, May 7, 2023

Supervised drug use sites to be banned in Pennsylvania

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 Statnews has the story: Pennsylvania set to ban supervised drug use sites, in setback for harm reduction   By Lev Facher "Pennsylvania...
Saturday, May 6, 2023

Wild coffee and climate change

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 Climate change is threatening coffee crops. But there are some wild variants that show signs of robustness:) The NYT has the story: What Cl...
Friday, May 5, 2023

New York doesn't ban Menthol cigarettes, amid controversy

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 The NYT has the stories, first about the proposed ban, and then about the budget compromise that defeated it: Black Smokers at Center of Ne...
Thursday, May 4, 2023

It's hard to dis-intermediate insurance salespeople

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 The WSJ has the story: How Life Insurance Agents Beat Back a Tech Onslaught. Startups tried to bypass salespeople but now embrace them.  B...
Wednesday, May 3, 2023

Market Design at the Max Planck Institute: Axel Ockenfels will become a Director, of ‘Economic Design & Behavior’

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 Here's the announcement from the Max Planck Institutes: Axel Ockenfels Appointed New Director at the Max Planck Institute for Research ...
Tuesday, May 2, 2023

Payment to college athletes: Name, Image and Likeness (NIL) Deals

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 The recent changes in what college athletes can be paid for  (and in their ability to transfer freely between schools) has made it profitab...
Monday, May 1, 2023

Jerusalem summer school in Economic Theory: Imperfect Cognition and Economic Behaviour: June 26-July 5

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 Here's the announcement and call for applications: The 33rd Advanced School in Economic Theory: Imperfect Cognition and Economic Behavi...
Sunday, April 30, 2023

Statement of Policy Principles and Solutions: Living Organ Donation, from the American Association of Kidney Patients (AAKP), the American Society of Transplant Surgeons (ASTS), and the American Society of Transplantation (AST)

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  Here's a joint statement about living-donor kidney transplantation from the American Association of Kidney Patients (AAKP), the Americ...
Saturday, April 29, 2023

Resident match video from the NRMP

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  Different labor markets are organized differently. One difference between the market for new doctors and the markets for new Ph.D.s is tha...
Friday, April 28, 2023

Interesting development in the transition from medical school to residency: connecting applications and interviews

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  The market for new doctors has been suffering from congestion in applications and interviews, in the runup to the resident Match (see rece...
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Al Roth
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