Market Design

I post market design related news and items about repugnant markets. See my Stanford profile. I have a 2026 book : Moral Economics The subtitle is "From Prostitution to Organ Sales, What Controversial Transactions Reveal About How Markets Work."

Wednesday, September 30, 2026

Bob Montgomery, transplant surgeon and transplant recipient, in the NYT

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The NY Times has a story about the complicated life and busy career of NYU transplant surgeon Bob Montgomery, who is also a transplant recip...
Tuesday, September 29, 2026

The Carob Trust Prize for Academic Courage: An award for scientists who overcome unjustified attacks on their work

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 Here's the announcement of a new prize, initially to be awarded for work in the social sciences, reflecting the fact that social scienc...
Monday, September 28, 2026

Ukraine weighs legalizing pornography to raise tax revenue and buy drones

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 Here's a story from the WaPo whose headline already conveys a lot about the economics of tradeoffs: Ukraine weighs legalizing pornograp...
Sunday, September 27, 2026

Iran's kidney market, reviewed in Al-Madina: Journal of Islamic Law

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The new English language journal  Madina: Journal of Islamic Law  has, in it's inaugural issue, a literature review of the Iranian kidne...
Saturday, September 26, 2026

Organ trafficking research

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 Frederike Ambagtsheer  is the principal investigator of a Dutch project conducting  organ trafficking research , whose website  discusses t...
Friday, September 25, 2026

Heroin, hitmen and black markets on Behavioral Grooves

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The hosts of the podcast  Behavioral Grooves open by chatting about heroin and hitmen, followed by a discussion among the three of us:     ...
Thursday, September 24, 2026

Moral Economics in Korean

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Here's the first commercial translation I've seen of my book Moral Economics , which appeared in English in May 2026.  I suspect tha...
Wednesday, September 23, 2026

School choice: peer effects and social justice

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 The not-so-secret secret of building a good school is to have good students. And sometimes that can lead to conflicts between the desire to...
Tuesday, September 22, 2026

There's life after tenure denial: Emily Oster (on Mary in America)

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 That there is life after tenure-denial is robustly proclaimed and manifested by Emily Oster , in the opening minutes of an interview by Mar...
Sunday, September 20, 2026

Market Design Impact Award to Yan Chen

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 Here's the announcement from INFORMS: Announcing the Winner of 2026 Market Design Impact Award  "The Auctions and Market Design se...
Saturday, September 19, 2026

A passionate proponent of transplants is (temporarily) unregistered as a donor: Greg Segal in the NYT

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I'm a little shaken to learn that (even*) Greg Segal has temporarily suspended his registration as a potential deceased organ donor.  My...
Friday, September 18, 2026

Micheal Kremer's next (post-Nobel) Act: The World Bank

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 Michael Kremer , one of the most  creative and dedicated economists of our time, has found his next act, at the World Bank.  (Sometimes the...
Thursday, September 17, 2026

Would Jesus like Waymo?

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Are robots (and robot cars) repugnant?  To Baptists?   The Washington Post has the story: Would Jesus like Waymo? Baptists have thoughts. As...
Wednesday, September 16, 2026

"The single most important quality in a great researcher is to be lucky"

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 Here's an interview recorded during my visit to Taiwan this past April.  It begins with my first reply: " The single most importan...
Tuesday, September 15, 2026

A.I. guardrails: Trump Says “a STRONG AND SMART (High IQ!) PRESIDENT" is all that’s needed to rein in A.I.

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 The debate over how to regulate, promote, and defend against new developments in A.I. has taken a market design turn, with increased calls ...
Monday, September 14, 2026

Congestion (and lawsuits) in applications for medical residency

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   The figure below is a slide from a lecture I once gave about the transition from medical school to medical residencies in the U.S.  The l...
Sunday, September 13, 2026

Experimenting on the psychology of LLMs

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 As LLMs become increasingly important, we're starting to see experiments that explore their psychology. (I expect that   Susan Calvin, ...
Friday, September 11, 2026

NBER Market Design Working Group Meeting, October at Stanford, Preliminary program

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 Here's a preliminary program for the October NBER Market Design Working Group Meeting at Stanford Market Design Working Group Meeting O...
Thursday, September 10, 2026

Surrogacy (on each side of the Atlantic)

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 Crossing the Atlantic today, to return home from Paris, this story in The Atlantic seems apropos: Mothers for Sale.  Most of Europe bans co...
Wednesday, September 9, 2026

Xenotransplants will substitute for dialysis before they replace human kidney transplants

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Transplants of organs from genetically modified pigs to humans is making progress, but pig organs haven't yet survived long enough to be...
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Al Roth
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