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, November 11, 2009

More Milgrom

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Northwestern has put up a page of material following the 2009 Erwin Plein Nemmers Prize in Economics Lecture and Conference , including Paul...

College admissions: the costs of having too many acceptances

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The Chronicle of Higher Education has a story on Ithaca College which illustrates some of the difficulties of the college admissions process...
Tuesday, November 10, 2009

College admissions in the UK, update

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The Times offers British students a Good University Guide , with some advice on navigating the various parts of the British college admissio...
Monday, November 9, 2009

Mazel tov to Methodist Hospital in San Antonio

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A Methodist milestone: 50th paired donor kidney exchange transplant "The transplant team at Methodist Specialty and Transplant Hospital...

Competition among stock exchanges

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The NY Times has a story about how New Rivals Pose Threat to New York Stock Exchange . "While the exchange has been under assault since...
Sunday, November 8, 2009

Market designers at the Milgrom/Nemmers Prize conference

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A multitude of market designers. Here's a photo of Bob Wilson, Paul Milgrom; and Parag Pathak in the near background: Faces to recogniz...

The wholesale market for iPhone Apps

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Joshua Gans reports: The Wholesale App Market opens .

Fraud in online auctions

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Losing Out After Winning an Online Auction NY Times article discusses deadbeat sellers and fraudulent escrow services.
Saturday, November 7, 2009

More on repugnant language

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While the Federal Communication Commission continues to regard the broadcast of some words as repugnant, language scholars continue to trace...
Friday, November 6, 2009

Peer effects in learning and teaching, but not in golf

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The October '09 issue of the American Economic Journal: Applied Economics contains three papers on peer effects.* The first of these beg...
Thursday, November 5, 2009

Paul Milgrom: Nemmer's Prize Lecture and Conference

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If the creeks don't rise, I'll be at Northwestern this afternoon, listening to Paul speak about " The Promise and Problems of M...
1 comment:
Wednesday, November 4, 2009

Voters find same sex marriage repugnant in Maine

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Maine voters overturn state’s new same-sex marriage law . "Maine voters overturned the state’s same-sex marriage law yesterday, deliver...
Tuesday, November 3, 2009

The DARPA network challenge

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DARPA will pay $40,000 to whoever (whichever team) first reports the locations of ten weather balloons to be inflated December 5, around the...
3 comments:

Build your own prediction market

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Build your own, using the platform at http://inklingmarkets.com/
Monday, November 2, 2009

Blackmail, legal and illegal

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Reflecting on the recent Letterman case, the NY Times ponders The Art of Blackmail Doing it on your own is illegal, but if you do much the s...
Sunday, November 1, 2009

Compensating donors: how about bone marrow?

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The National Law Journal reports: Cancer patients seek to overturn ban on paying for bone marrow "Prohibiting someone from making money...
Saturday, October 31, 2009

Kidney exchange at the ASSET conference in Turkey

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The annual meeting of the Association of Southern European Economic Theorists is meeting in Istanbul this weekend. Among other notable event...

Market design in science fiction

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Stephen Weinberg, a well read economist at University of Albany (which I still think of as SUNY Albany), sends me the following email: ...
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Friday, October 30, 2009

The "Netflix for academic journals"

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For those without comprehensive electronic access to journals through big university libraries, the Chronicle of Higher Ed reports The Netfl...
1 comment:

Forced Labor

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A new book recently arrived in the mail: Forced Labor, Coercion and Exploitation in the Private Economy, edited by Beate Andrees and Patrick...
Thursday, October 29, 2009

Hours per week worked by (young) surgeons

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In Britain as in the United States, there is considerable debate about the hours worked by physicians and surgeons, and what these mean for ...
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Wednesday, October 28, 2009

College admissions in Illinois, conclusion?

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U. of Illinois at Urbana-Champaign Chancellor Resigns in Wake of Admissions Scandal Richard Herman, chancellor of the University of Illinois...
1 comment:

Roger Myerson and Paul Romer on designing nations and cities

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Two emininent economists have been thinking about design on the largest of scales. Roger Myerson thinks about nation building in general, an...
Tuesday, October 27, 2009

Does a decrease in the number of traffic fatalities increase live kidney donation?

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Over at Economic Logic , the Economic Logician reviews an article, The Effect of Traffic Safety Laws and Obesity Rates on Living Organ Donat...
Monday, October 26, 2009

Markets for body parts, continued

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While it's illegal to buy or sell organs for treatment, there's a legal market for "tissues" such as bone. But it's st...
Sunday, October 25, 2009

Right to die in England

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There has been some interim resolution of the continued debate in England about whether those who assist a terminally ill relative who wishe...

Right to die in Montana?

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May a physician help a terminally ill patient commit suicide ? Or is that a terminally repugnant transaction, which even a willing patient a...
Saturday, October 24, 2009

Right to wed in Vermont

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Same-Sex Marriages Begin in Vermont "Vermont is one of five states that now allow same-sex couples to marry. Massachusetts, Connecticut...
Friday, October 23, 2009

Egg "donation"

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Do a google search for egg donor and and open a window on a thriving marketplace for human eggs, with well established companies such as Eg...
1 comment:
Wednesday, October 21, 2009

Choosing sex of children: repugnant in Britain but not in U.S.

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The Times reports: US clinic offers British couples the chance to choose the sex of their child "A new clinic in Manhattan is appealing...
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Tuesday, October 20, 2009

Living donor liver transplants

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One of the reasons that kidney exchange is proving successful is that the dangers to donors seem to be quite low. In principle, liver exchan...
1 comment:
Monday, October 19, 2009

Kidney Exchange and Nurse Coordinators

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Lots of people play critical roles in making kidney exchange a reality, and a recent article emphasizes the enormous role played by nurse co...
Sunday, October 18, 2009

The kidney supply chain

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The Minneapolis Star Tribune has given its health reporter Josephine Marcotty unusual scope to write about kidney transplantation in a multi...
3 comments:

Declaration of Istanbul update

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I received an email regarding the 2008 Declaration of Istanbul , intended to slow/halt/reverse transplant tourism and black markets for orga...

Peter Singer on compensating kidney donors

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Kidneys for Sale? by Peter Singer The distinguished Princeton philosopher of bioethics takes a nuanced view of the matter of compensation fo...
Saturday, October 17, 2009

31 States have laws against price gouging

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So reports Michael Giberson at KP , based on a Master's thesis by Cale Wren Davis, supervised by Randy Rucker at Montana State. The thes...
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"No Toilet, No Bride" in rural India

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Emily Wax at the Washington Post reports on some consequences of the increased education and economic power of rural Indian women: In India,...
Friday, October 16, 2009

Harvard's financial report

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Here's a link to the Harvard University Financial Report for fiscal year 2009.

Simultaneous offers in a computer science search at Harvard

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Michael Mitzenmacher writes about some job searches in computer science , including one that he chaired that was able to make 6 simultaneous...
Thursday, October 15, 2009

Interviewing for the medical match

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A recent article* in the Journal of the American Medical Association talks about the strategic behavior that precedes the submission of rank...
4 comments:
Wednesday, October 14, 2009

Inside a philosophy search (from the labor demand side)

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Lou Marinoff describes the search process that led to the hiring of two philosophers this year at City College of the City University of New...
Tuesday, October 13, 2009

Academic hiring wikis and jobmarket rumors

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The internet offers a number of free-form information sharing sites for academic job seekers. Had a bad experience on the job market? (Think...
Monday, October 12, 2009

Nobel to Elinor Ostrom and Olliver Williamson

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I like it. I recall thinking when Ronald Coase won a Nobel that Williamson should have shared it. And Lin Ostrom is one of the few political...
2 comments:

Salary databases

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This week, as economics graduate students start preparing their job market information, I'm planning to have several posts about job mar...
2 comments:
Sunday, October 11, 2009

Last minute tickets at sold out Fenway

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The Red Sox, whose home games are always sold out, reserve some tickets for last minute purchase: At Sold-Out Fenway, a Way in for Patient F...
Saturday, October 10, 2009

Sentenced to prison? Hire a consultant.

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The NY Times reports (in the Sports section) that Consultants Are Providing High-Profile Inmates a Game Plan for Coping "The former Gia...

Book publishers, and book citations

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It is customary when citing a book in the bibliography of a scholarly article to include the publisher, and the name of a city associated wi...
2 comments:
Friday, October 9, 2009

Complementarities in markets and computers

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One thing that makes it difficult for markets to clear efficiently is if goods are complements, so that you only want good A if you can also...
Thursday, October 8, 2009

Real estate; disaggregating a bundle of services

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There are cracks beginning to show in the way real estate is sold. For a long time, the only realistic option for selling a home was to empl...
1 comment:
Wednesday, October 7, 2009

Skydeck360: Signaling in the MBA Job Market

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Harvard students Abhinav Agrawal, Patrick Chun and Yasser Salem have launched a platform for students to signal interest to employers lookin...
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Al Roth
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