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."

Sunday, June 13, 2010

Live Liver donation tragedy

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The Boston Globe reports: At the Lahey, a stunning, rare tragedy--Donor dies in liver transplant attempt. "A man who agreed to donate p...
Saturday, June 12, 2010

Organs for sale? Repugnance as controversy to sell magazines

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Mohammad Mahdian points out this ad for the Economist magazine, entitled " Trading Human Organs Should Be Allowed "

Dating sites that limit your options

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A new paper by my HBS colleagues Hanna Halaburda and Misiek Piskorski discusses why a dating/matrimony site that limits your options (like...
Friday, June 11, 2010

College admissions and "demonstrated interest"

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Signaling is important, says a recent article in the Chronicle of Higher Ed: The Dynamics of Demonstrated Interest " This year, America...
2 comments:
Thursday, June 10, 2010

Teachers who tamper with standardized test scores

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"John Fremer, a specialist in data forensics who was hired by an independent panel to dig deeper into the Atlanta schools, and who inv...

Afghan child weddings

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The NY Times writes about the floggings administered to twp runaway child brides, in a story that also includes some interesting background...
Wednesday, June 9, 2010

Super duper

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Duper of Harvard Got Into Stanford Student Accused of Lying to Harvard Was Admitted to Stanford, Too "Adam Wheeler, the Delaware man...

Personal data for sale

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Web Start-Ups Offer Bargains for Users’ Data The budgeting Web site Mint.com, for example, displays discount offers from cable companies or...
Tuesday, June 8, 2010

Experimental economics and market design

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As I prepare my chapter on that subject for volume 2 of the Handbook of Experimental Economics, I've belatedly posted a related paper, w...
Monday, June 7, 2010

Outsourcing online courtship

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The Washington Post has a story about services (like Virtual Dating Assistants ) that allow online courtship to be outsourced: Online dating...
1 comment:
Sunday, June 6, 2010

The market for young soccer players

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The NY Times Sunday Magazine reports on How a Soccer Star Is Made . (Shades of both Harry Potter and Ender's Game...) " The youth a...
Saturday, June 5, 2010

Auction design patents

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My market design colleagues and I have tried to put our algorithms for school choice , kidney exchange , and labor market clearinghouses in...

National Kidney Foundation: End the Wait

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Here's a press release from the NKF: NKF Names Co-Chairs for END THE WAIT! Exec Committee "Transplant surgeon Dr. Francis L. Delmon...
1 comment:
Friday, June 4, 2010

Market design at 9am

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A former student, Abe Othman, endorses our market design course even though it was held early Friday mornings: Foundational Paper: The Econo...
Thursday, June 3, 2010

College waiting lists and double depositing

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An article on congestion in college admissions: The Dirty College Admissions Trick . "Why are waitlists so long this year? Marc Zawel o...
Tuesday, June 1, 2010

A market design collaboration between an economist and computer scientists

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I've written earlier about the work on course allocation by Eric Budish . The new mechanism he proposed is by no means computationally...
Monday, May 31, 2010

Money and medicine in Britain's National Health Service

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The London Times reports NHS bars woman after she saw private doctor "A WOMAN has been denied an operation on the NHS after paying for ...
2 comments:
Sunday, May 30, 2010

Kidney exchange at VA hospitals

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It's exciting to see kidney exchange growing. The issues that the Veterans Affairs hospitals face reflect the progress in the last few y...
1 comment:
Saturday, May 29, 2010

Veil travails

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French cabinet approves veil ban " The French cabinet has approved a draft law to ban the wearing of full-face veils in public spaces, ...
Friday, May 28, 2010

Design of financial clearinghouses: Over the counter derivatives markets

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The Bank for International Settlements' Committee on Payment and Settlement Systems has, in a followup to the recent financial crisis, i...

Promoting young faculty at Harvard

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The Chronicle reports At Harvard, Tenure Isn't Just for Old People Anymore (and the issue, they surmise, is two career households). ...
Thursday, May 27, 2010

Spousal Hiring

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In The Intricacies of Spousal Hiring , David Bell, a former Johns Hopkins dean writes "My experience in the dean's office confirmed...
1 comment:
Wednesday, May 26, 2010

Paul Milgrom on spectrum auctions in India and Germany

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Paul Milgrom writes on Success in Spectrum Auctions in India and Germany , in which he played an active role consulting to bidders.

Organ sales in China

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MSNBC reports Organ trafficking trial exposes grisly trade: Chinese man accused of selling black market body parts "China in 2007 banne...
Tuesday, May 25, 2010

Kidney exchange at Northwestern

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Tomorrow (Wednesday) afternoon I'll be giving the Nancy L. Schwartz Memorial Lecture at Northwestern, and I'll talk a lot about kid...
Monday, May 24, 2010

Predicting behavior in games: a competition

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Sometimes an experimental design is meant in part to solve a market design problem. That's the case with the call for entries reproduced...
1 comment:
Sunday, May 23, 2010

Gifts of kidneys and gifts of gratitude

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The ethics column in today's NY Times Sunday Magazine begins with this query: " Last fall, a stranger donated a kidney to my husba...
1 comment:
Saturday, May 22, 2010

Scalping world peace as NY ticket resale laws expire

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The NY Times reports on Scalping World Peace, Outside Radio City "The appearance of the Dalai Lama at Radio City Music Hall has inspire...

Usury in the middle ages

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From Walsh, Adrian “The Morality of the Market and the Medieval Schoolmen,” Politics, Philosophy & Economics 2004; 3; 241-259 “Explorin...
1 comment:
Friday, May 21, 2010

Market orders, programmed trading and loss of thickness

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I haven't yet read a convincing account of the one-day stock market crash and rebound on May 6, but here's an early (May 9, NY Times...
1 comment:
Thursday, May 20, 2010

College admissions fraud, at Harvard

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The Globe weighs in: Trust-based admissions process leaves elite colleges open to fraud "The former Harvard College senior accused of d...
1 comment:
Wednesday, May 19, 2010

More on payments for egg donors

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Payment Offers to Egg Donors Prompt Scrutiny " a study in the most recent issue of The Hastings Center Report, a leading bioethics ...
Tuesday, May 18, 2010

Organ donor registry mishap in Britain

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The Telegraph reports: Organs removed without consent after IT blunder "The records of 800,000 people were affected by an error that me...
Monday, May 17, 2010

Deceased organ donation, misc. links

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Number of Americans willing to donate organs rises, but still not keeping pace with need: Survey reveals pervasive donation myths "The...
2 comments:

Informal money transfer networks: "hawala"

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The informal money transfer system known as Hawala (or hundi) is in the news with the arrest of three Pakistani men in New England who are ...
9 comments:
Sunday, May 16, 2010

Piracy and anti-piracy: recent developments

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Russian Destroyer Frees Hijacked Oil Tanker (May 6, 2010) "Cmdr. John Harbour, a spokesman for the European force, said Thursday that ...
Saturday, May 15, 2010

South Africa's president on monogamy, polygamy, infidelity, and AIDS

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Zuma’s Frank Talk Starts AIDS Dialogue in South Africa "During a 45-minute interview on Thursday, Mr. Zuma, who has three wives and a f...

Ernst Fehr in New Scientist

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Ernst Fehr: How I found what's wrong with economics Least expected line: "However, as a former Austrian national wrestling champion...
Friday, May 14, 2010

Job prospects for new law graduates

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The WSJ reports: Bar Raised for Law-Grad Jobs: Employment Prospects Dim as Firms Retrench, Derailing Career Paths for Many "Many 2009 l...
Thursday, May 13, 2010

Market design seminar tomorrow (Friday May 13 2010)

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If you're not on Peter Coles' distribution list, here's the announcement. Hello Market Design Community: The speakers in Friday’...

College admissions after May 1

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The Chronicle of Higher Education reports Good Seats Are Still Available at many colleges. "On Wednesday, the National Association for...
1 comment:
Wednesday, May 12, 2010

The market for divorce

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Tyler Cowen at MR links to a NY Times story about a divorce themed trade fair in Italy: Divorce Trade Fair Shows Changing Italian Culture It...
Tuesday, May 11, 2010

Misc. organ transplant commentary and news

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The Times of London reports on how one deceased donor can donate many organs: How one organ donor can save the lives of nine people There is...
Monday, May 10, 2010

Surrogacy, payments, and parental rights in Britain

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Couples who pay surrogate mothers could lose right to raise the child : High court could refuse recognition to people who flout law by payi...
Sunday, May 9, 2010

Organ donation and surrogacy: a Mothers' Day story

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Donor gives more than just kidney to Northbrook family "A little more than 6½ years ago, Fink, then 43, started dialysis after her kidn...
Saturday, May 8, 2010

China’s Arranged Remarriages

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The NY Times reports on China’s Arranged Remarriages among widows and widowers whose spouses died in the devastating earthquake that destroy...

Gifted programs for pre-kindergarten in NYC

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I like the first paragraph of this story: More Pre-K Pupils Qualify for Gifted Programs "The number of students qualifying for gifted k...
Friday, May 7, 2010

School choice in NYC, a problem facing large school systems

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The most demanded schools are very hard to get into, even for very well qualified students, some of whom can have trouble matching: For Many...
4 comments:
Thursday, May 6, 2010

Same sex spouses versus Defense of Marriage Act

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The clash between repugnant and protected transactions will have its day in court, starting today: Gay Couples Challenge Defense Of Marriage...
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Al Roth
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