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."

Tuesday, June 22, 2010

Lotteries for private schools

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Over at the Education Sector, there's a movie review about school choice. Analysis and Perspectives » What We're Watching » Tough ...
1 comment:
Monday, June 21, 2010

Misc. non-simultaneous kidney exchange chains

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Allegheny General part of multistate kidney exchange Wednesday, April 14, 2010, By Jill Daly, Pittsburgh Post-Gazette "Twelve donors an...
Sunday, June 20, 2010

Father's day

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Father's Day is a great academic holiday, if you think of academics as being concerned not just with ideas and institutions, but with th...

Indian weddings in New England: the hotel market

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The Boston Globe reports: For hotels, a perfect match--Recession-hit hosts embrace Indian weddings. "On a hot, sunny Saturday in early ...
Saturday, June 19, 2010

Unraveling of day care

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The WSJ reports on the increasingly early reservations being made for day care: Day Care? Take a Number, Baby "These days, many parents...
Friday, June 18, 2010

Misc. kidney exchange news

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A May 17, 2010 story: Innovative Transplant Procedure at Emory Opens Door to More Patients in Need "The Emory Transplant Center at Emor...
Thursday, June 17, 2010

Online labor markets, as an experimental lab

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There are a growing number of online labor markets (for a description of a wide range, see Work the New Digital Sweatshops By Jonathan Zittr...
Wednesday, June 16, 2010

Renting art at Brandeis

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Can a university profit from artwork it owns (that has been donated to it)? Last year Brandeis University raised a storm by proposing to clo...
Tuesday, June 15, 2010

The market for shorthand

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When I was in high school in New York City in the 1960's, there was a department called Secretarial Studies that taught typing and short...
1 comment:
Monday, June 14, 2010

Heart transplant pro golfer

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Until I read the story, I wasn't sure how to parse this AP headline: Heart Transplant Survivor Gets Shot at US Open It turns out the ...

Universities and culture

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A Campus Where Unlearning Is First reports on the challenges facing the American University in Cairo in its quest to offer an American styl...
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 ...
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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...
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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...
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Al Roth
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