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."

Tuesday, January 4, 2011

Polygamy in the Negev

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Haaretz highlights some ads that have been appearing in the Negev: Over 30 and single? Try polygamy "Local Bedouin newspaper sparks c...
Monday, January 3, 2011

Unraveling of loan maturities: inefficiency in borrowing and lending

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The Maturity Rat Race by Markus K. Brunnermeier and Martin Oehmke Abstract: "We develop a model of endogenous maturity structure for...
Sunday, January 2, 2011

Baroque kidney donation story from Mississippi

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Sister's kidney donation condition of Miss. parole "JACKSON, Miss. (AP) — For 16 years, sisters Jamie and Gladys Scott have share...
Saturday, January 1, 2011

Peter Cramton's Market Design blog

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Welcome to fellow market designer and now fellow blogger Peter Cramton, who has just initiated his Market Design blog.
1 comment:

Experiments by psychologists and economists (on happiness)

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From The Economist: an article on happiness leads indirectly to a very important conclusion about experiments (see below): The U-bend of lif...
Friday, December 31, 2010

Top 2010 stories about repugnant transactions (and all time top repugnant transactions)

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Repugnant transactions are those that some people don't want other people to engage in. They have had a big effect on which transactions...
Thursday, December 30, 2010

Dubner interviews me about kidney sales and such

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Repugnance radio* turns out to have two parts, and the second part is a Freakonomics blog post with a link to a podcast (which you can also...

Repugnance radio

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Freakonomics Radio on NPR's Marketplace had a short segment called  It's repugnant, but hey, it's efficient! , in which they spe...
Wednesday, December 29, 2010

First live kidney donor dies at 79 (56 years after donating to his twin)

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Ronald Lee Herrick became the first live kidney donor when, as a college freshman, he donated a kidney to his twin. Here's the Globe ob...

Elton John and husband have a son by a surrogate mom

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Lots of formerly repugnant transactions get mentioned in this brief, happy story:  Elton John, Husband Welcome New Son "Elton John mu...
1 comment:
Tuesday, December 28, 2010

Medical marijuana in NJ

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Marijuana--an herb whose recreational properties became well known before its medicinal ones--continues to be regarded as a repugnant transa...
Monday, December 27, 2010

Joel Klein steps down as NYC school chancellor

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In an interview in the NY Times about his tenure as chancellor ( Departing Schools Chief: ‘We Weren’t Bold Enough’ ), Klein says this about ...
Sunday, December 26, 2010

Repugnance by residence: only Dutch can buy marijuana in Maastricht now

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It's official : The prohibition on the admission of non-residents to Netherlands ‘coffee-shops’ complies with European Union law ...
1 comment:
Saturday, December 25, 2010

'tis the season to exchange gift cards

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Cardpool is making a market in gift cards, offering to buy yours, and sell you those cashed in by others. "You are always buying dire...
1 comment:
Friday, December 24, 2010

The market for clinical rotations for medical students

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After studying in classrooms for two years, medical students head to hospitals for medical roations or clerkships. Some of the Carribean med...
Thursday, December 23, 2010

Internet poker

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Internet poker has gotten awfully popular without yet getting correspondingly legal: Legalizing Internet poker gets push from Harry Reid in ...
Wednesday, December 22, 2010

Incest is still a repugnant transaction

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Professor charged with incest with his daughter "Political science professor xxx, 46, was charged Thursday with having a sexual relati...
Tuesday, December 21, 2010

Surrogate births, payments, and legal rights in Britain, continued

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The Telegraph reports Childless couples win the right to pay surrogate mothers: Childless couples will be able to pay surrogate mothers larg...
Monday, December 20, 2010

Mathematics and medicine: a cautionary tale

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Mathematics is valuable in many areas of application, including medicine, but there are hazards to having doctors diagnose their own mathema...
Sunday, December 19, 2010

Prizes for solutions to problems

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An Australian firm, Kaggle , hosts problem solving and prediction competitions, and describes itself this way: "Kaggle is an innovativ...
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Al Roth
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