Sunday, October 2, 2011

Vohra on "What is Market Design?"

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Ricky Vohra, thinking about how to construct a market design course, asks " What is Market Design? " Worth reading (and I hope h...

Public nudity: San Francisco is different

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In most places, public nudity is considered repugnant. Not in San Francisco: " Other nearby cities like Berkeley and San Jose have pa...
1 comment:
Saturday, October 1, 2011

Cramton^3 on market design

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IMT Institute for Advanced Studies, Lucca Piazza San Ponziano 6, Lucca Italy  October 4-6, 2011  THREE LECTURES ON MARKET DESIGN  Peter ...
Friday, September 30, 2011

Brain dead patients as research subjects in xenotransplantation

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It turns out that economists aren't the only people willing to contemplate things that others may find repugnant... Mike Rees, the kidne...
1 comment:
Thursday, September 29, 2011

The last bullfight in Catalonia

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Another transaction becomes repugnant: The last Ole! Bullfighting comes to an end in Catalonia Almost seven hundred years of Catalan bullf...
Wednesday, September 28, 2011

Harvard Nobel Prediction Market

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Ran Shorrer asks me to post the following announcement: It's that time of the year again! The recipients of the  Nobel Memorial Priz...
1 comment:
Tuesday, September 27, 2011

Driving and voting while female in Saudi Arabia

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Find the repugnant transaction in this story... Saudi woman to be lashed for defying driving ban "A court in Saudi Arabia has sent...

Full tuition and college admissions

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The NY Times is shocked by the results of a survey of admissions officers: Universities Seeking Out Students of Means " More than hal...
1 comment:
Monday, September 26, 2011

Dialysis: continued debate about tragic choices, and how to finance not having to make them

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This recent story about who pays for dialysis for uninsured illegal immigrants reminds me of the initial stories of how Medicare came to cov...
Sunday, September 25, 2011

Howard Raiffa's Memoir: Analytical Roots of a Decision Scientist

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Estelle and Howard Raiffa just hosted a book party, to mark the publication of his new book "Memoir: Analytical Roots of a Decision Sci...

Beauty can make for a repugnant transaction...

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At least some Saudi women seem to be objecting to a transaction that might be agreeable to the other parties involved:  Saudi women object ...
1 comment:
Saturday, September 24, 2011

Upheaval among college sports conferences

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The Chronicle of Higher Ed, reporting on the recent changes in colleges athletic affiliations (with indications of more to come), had this t...
1 comment:
Friday, September 23, 2011

Vacancy chains and reneging on / recontracting for arrangements for musical performances

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Different markets have different cultures regarding how binding are different kinds of arrangements reached far in advance. A recent fall by...
Thursday, September 22, 2011

Designing retirement plan default options

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One of the big successes of behavioral economics has been in disseminating that decision making and information gathering are costly, so tha...
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Wednesday, September 21, 2011

Choice architecture in Britain: mandated choice for deceased donor registration

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The BBC reports:  Organ donated 'nudge' for drivers in new DVLA process " The Driver and Vehicle Licensing Agency already ask...
1 comment:
Tuesday, September 20, 2011

Parking meters, old and new

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Technology is coming to on-street parking. The NY Times reports on the changeover: The Last Days of the Old Parking Meter " The city’...
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Monday, September 19, 2011

Misc. repugnant transactions

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Sometimes some transactions are so repugnant that nothing but an armed response seems sufficient: Multi-agency armed raid hits Rawesome Fo...
Sunday, September 18, 2011

If it were legal to sell organs for transplantation, what would the ads look like?

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From time to time as I maintain this blog, I get a popup window from Google saying that since the blog appears to be popular I could make so...
1 comment:
Saturday, September 17, 2011

Repugnance can be local: horse sausage in France

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A repugnant (and even illegal) transaction in one place may be perfectly ordinary in another. Alex Peysakhovich recently came by with some h...
Friday, September 16, 2011

Speed of transactions in algorithmic finance

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Markets suffer from congestion when there isn't enough time to make or evaluate all the offers that participants want to make. Even mar...