Monday, March 30, 2009

Singapore kidney update

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To follow up on my post yesterday about Organ donation and compensation in Singapore: new legislation , Sally Satel points me to The Human ...
100 comments:

"Problem customer" registries for prostitutes

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High end prostitutes and others who do business as "escorts" are vulnerable to booking bad customers, who may be abusive, fail to ...
3 comments:
Sunday, March 29, 2009

Organ donation and compensation in Singapore: new legislation

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A new law was passed on March 24 in Singapore, allowing compensation for live organ donation. It's not yet clear what this will mean in...

Giving anonymously, for a fee

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How to give money to a friend anonymously (and be sure that it is received)? Try Giving Anonymously , established "to facilitate giving...
5 comments:
Saturday, March 28, 2009

Markets for (viewing) bodies

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Among the oldest repugnant transactions are those that involve dealing with the dead. In the early 1800's, British medical schools illeg...
Thursday, March 26, 2009

Google's auction for TV ads (and some thoughts on Practice and Theory)

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Noam Nisan at Algorithmic Game Theory posts a preliminary version of his paper Google's auction for TV ads . It is part of a post titled...

Update on scalping

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My old friend the sports economist Larry DeBrock writes to update my recent post on Scalping and intermediation : "...the Cubs won a bi...

Market for book reviews: Amazon version

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Here's a nice description of how Amazon's reviews are ordered: at the top are the ones rated most useful, both positive and negative...
Wednesday, March 25, 2009

Algorithmic Game Theory blog

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Noam Nisan the eminent Hebrew University computer scientist, has a new blog, called Algorithmic Game Theory . For economists who may not ye...
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Tuesday, March 24, 2009

''Not everything that is immoral has to be illegal'

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The quotation in the title of this post is from Romanian Justice Ministry legal expert Valerian Cioclei, and it comes from the NY Times sto...
1 comment:
Monday, March 23, 2009

School choice in Belgium: update

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In an earlier post , I discussed some of the problems in the school choice systems in Belgium, and noted that Estelle Cantillon had organiz...
Sunday, March 22, 2009

Economics Job Market “Scramble” for New Ph.D.s

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To candidates on the economics job market (and to graduate placement directors): the scramble opens for registration tomorrow (March 24), a...
1 comment:

The Harvard of Auctioneering

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I was struck by this line in a story in the NY Times: "The auction itself began at 10:15 a.m. when Rob Nord, a professor of bid calling...
Saturday, March 21, 2009

Market for childrens' books

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Bestsellers in any category are what make publishing profitable. But childrens' books must be very special, because a bestseller can hav...
Friday, March 20, 2009

Scalping and intermediation

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The resale of tickets for concerts and sporting events, at higher prices than those at which they were initially made available, is often re...
Thursday, March 19, 2009

Match Day for new doctors

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Today is the third Thursday in March, Match Day for young doctors seeking their first job through the National Resident Matching Program ( N...
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Black market kidney sales in the Phillipines

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Last Friday I was part of a panel at Harvard at the National Undergraduate Bioethics Conference , at which a panel consisting of me, Frank ...
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Wednesday, March 18, 2009

Market for information

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Mostly we think it is good for information to be freely available, but one place where we often do not is in the adversarial system of trial...
Tuesday, March 17, 2009

Patents Versus Markets: a Market Design Experiment

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The March 16 issue of Science contains a laboratory experiment concerned with a market design question (subscription required): Promoting In...
Monday, March 16, 2009

The marketplace for peer reviewed economics

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Journals are the clearinghouses of academic economics, providing the proximate demand for the articles that economists supply. In my previou...
Sunday, March 15, 2009

Science journals and science journalism

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After my recent post The production of news: The NEJM news cycle about the effects of the New England Journal of Medicine 's news embar...
Saturday, March 14, 2009

Personalized advertising

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As the world wide web is increasingly accessed by mobile devices (equipped with GPS, and used largely by a single individual) the ability to...
Friday, March 13, 2009

Costs of unraveling: elementary school basketball players

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One of the costs of "unraveling," in which transactions come to be made increasingly early, is that matches are made on the basis ...
Thursday, March 12, 2009

The production of news: The NEJM news cycle

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My previous post was about the recent kidney exchange innovation by the Alliance for Paired Donation, just reported in today's issue of ...
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Wednesday, March 11, 2009

Advances in kidney exchange, in the New England Journal of Medicine

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One of the satisfying things about the ongoing collaboration between economists and kidney surgeons is that sometimes the results are very c...
1 comment:

Market for airline flights

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As the pricing, scheduling, and seating options grow more complex, booking an airline ticket is looking more like a combinatorial auction. S...
1 comment:
Tuesday, March 10, 2009

Financial market design: the view from the Fed

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Fed chairman Ben Bernanke, in a speech today (March 10) to the Council on Foreign Relations, after speaking of immediate steps to bail out f...

Job fairs and flower shows

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Job fairs, which are intended to reduce search costs and make it easier for recruiters and recruits to find each other, seem to persist both...
Monday, March 9, 2009

Prediction markets: why aren't they used more?

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While prediction markets have a distinguished history , and are currently used in some interesting applications , the Economist magazine wri...
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Sunday, March 8, 2009

College admissions decisions: signaling and waiting

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Right now, American high school seniors who have applied to colleges are mostly waiting to hear where they will be admitted. (The major exce...
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Saturday, March 7, 2009

Microstructure of Macro Behavior

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In connection with the launch of the paperback version of his book The Logic of Life , Tim Harford has a nice video illustrating one of Tom ...
1 comment:

School choice in Europe

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I've frequently blogged about the design of school choice systems , and that is in part because the problems of school choice are so wid...
Friday, March 6, 2009

Another contested auction, and some precautions

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In an earlier post, Auction disruption by fake bids , I followed an auction of Chinese artifacts that was opposed by the Chinese government,...
Thursday, March 5, 2009

Trust and trustworthiness: promoting and maintaining it

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Trust is essential for all sorts of transactions, and how to set up institutions to promote trust and trustworthiness in the marketplace is ...
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Wednesday, March 4, 2009

Student loans

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"If Congress approves the plan, there will be no need to set subsidies because there will be no banks to subsidize. " No no, not t...
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Tuesday, March 3, 2009

Markets for studying

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The NY Times reports on incentive programs designed to motivate students to study, and on some apparent controversy between economists and p...
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Auction disruption by fake bids

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In an earlier post, Markets and Fraud , I discussed the case of an environmental activist who disrupted an auction for oil and gas drilling ...
Monday, March 2, 2009

Design of electricity markets (and salute to Bob Wilson)

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For roughly the retail price of 1200 kilowatt hours of electricity, you can buy the Elsevier book Competitive Electricity Markets: Design, I...
Sunday, March 1, 2009

Medical data as an underprovided public good

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Evidence based medicine requires data that are often difficult to assemble. Since drugs and medical devices are regulated, regulators have t...
1 comment: