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."

Saturday, July 27, 2013

Dallas celebrates Gary Bolton

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...where they are justly proud of him : Early Interest in Economics Inspired Prof’s Career and Research Jul. 18, 2013 Dr. Gary ...
Friday, July 26, 2013

School choice in New Orleans

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The one-application system in New Orleans is suffering from some growing pains, as it faces the demands of charter schools and others. One d...
Thursday, July 25, 2013

Yemeni girl's speech against child marriage goes viral

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Al Jazeera has the story, and the moving video, with an 11 year old girl speaking out against child marriage:  Yemeni girl's speech agai...
Wednesday, July 24, 2013

The market for integers: Edelman and Schwarz on IP addresses

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Pricing and Efficiency in the Market for IP Addresses Benjamin Edelman , Harvard Business School and Michael Schwarz, Google June 9, 2013...
Tuesday, July 23, 2013

Kidney exchange chain in India

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Kidney exchange makes some progress in India: the story is here . HT: Seema Arora
Monday, July 22, 2013

Ron Paul on paying organ donors

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Ron Paul: End government control of organ transplants and compensate donors "In his  weekly Texas Straight Talk column  — which has c...
Sunday, July 21, 2013

SITE workship on Dynamic Games, Contracts and Markets, July 29-31 2013

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The announcement is here : Stanford Institute for Theoretical Economics Summer 2013 Workshop Segment 4:  Dynamic Games, Contracts...
Saturday, July 20, 2013

Monty Python's take on organ donation

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Not for the faint of heart, here is Monty Python's take on becoming registered as a deceased donor... And here (for the humor impair...
Friday, July 19, 2013

Medicare's 3 year limit on post-transplant immunosuppressive drugs

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A lot has been written about this, here's yet another story that puts a personal edge on a systematic problem and a big waste of taxpaye...
Thursday, July 18, 2013

Market design talk at Sun Yat Sen University in Guangzhou

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Here's an ex-post account , from which the picture below is taken. (I earlier posted a link to a pre-talk account.) One of the people I...

Unraveling in the market for chefs?

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It turns out that good restaurants need good cooks, and they are hard to find and keep in the growing market for fancy restaurants:  Talent ...
Wednesday, July 17, 2013

Prize in Game Theory and Computer Science to Edelman, Ostrovsky and Schwarz, and Varian

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Here's the prize announcement : Prize in Game Theory and Computer Science of the Game Theory Society in Honour of Ehud Kalai, endow...
Tuesday, July 16, 2013

Egg donation in Israel at a new, higher price

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Egg donors to be compensated with NIS 19,000 "The Knesset's Labor, Welfare and Health Committee approved raising compensation su...
1 comment:
Monday, July 15, 2013

Budish, Cramton and Shim on The High-Frequency Trading Arms Race

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Presently most stock markets, such as the New York Stock Exchange, and most futures markets, such as the Chicago Mercantile Exchange, use a ...
1 comment:
Sunday, July 14, 2013

Future of Game Theory: Stony Brook roundtable

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This past week I had the opportunity to listen to a discussion of "The Present and Future of Game Theory". The highlight was a set...
2 comments:
Saturday, July 13, 2013

Market design conference at Lund, July 25-27

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Here is the conference website:  Conference on Economic Design 2013 (25-27 July) Beforehand, The Arne Ryde Foundation will organize a two-...
Friday, July 12, 2013

Tim Besley reviews "What Money Can't Buy" by Michael Sandel

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Besley likes Sandel's book (while recognizing its flaws): Here's the opening sentence of his review in the Journal of Economic Liter...
Thursday, July 11, 2013

From auctions to buy-it-now on eBay

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eBay has changed since I started studying in the late 1990's, when it was all auctions all the time. Here's the story: SALES MECH...
Wednesday, July 10, 2013

a pre-emptive letter of rejection from one of my favorite journals, Games and Economic Behavior

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Along with what I presume are very many other people, I recently received this email from the editors of Games and Economic Behavior (GEB)....
Tuesday, July 9, 2013

2013 Best paper prize to Michael Ostrovsky and Michael Schwarz for AEJ: Micro, 2 (2), "Information Disclosure and Unraveling in Matching Markets,"

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A Best Paper Prize for the matching market view of grade inflation:) AEJ: Micro , 2 (2), " Information Disclosure and Unraveling in ...
Monday, July 8, 2013

Matching with couples in large markets: Kojima, Pathak and Roth

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Fuhito Kojima, Parag Pathak and I have a paper coming out that suggests a beginning of an answer to the empirical puzzle presented by the fa...
Sunday, July 7, 2013

Game theory festival(s) at Stony Brook, July 8-18, and tribute to Lloyd Shapley

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Each year for a long time now there has been a summer festival of game theory at Stony Brook. Here's  the announcement  of this summer...
Saturday, July 6, 2013

Unraveling Results from Comparable Demand and Supply

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Here's a new old paper (written quite a while ago , but recently published...): Niederle, Muriel, Alvin E. Roth and M. Utku Unver, “...
Friday, July 5, 2013

Conference on game theory in honor of Marilda Sotomayor: July 2014

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Here's the announcement: INTERNATIONAL WORKSHOP ON GAME THEORY AND ECONOMIC APPLICATIONS OF THE GAME THEORY SOCIETY, celebrating the ...

Different views of organ donation in China

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When I visited the Ministry of Health in Beijing last Friday, their estimate was that 60% of the organs used for transplant still come from ...
Thursday, July 4, 2013

July 4 and July 1: U.S. and Hong Kong remember British rule

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Happy Independence Day to all my fellow Americans. We remember today that we aren't British, and how that came to pass. I was just in ...
Wednesday, July 3, 2013

Lecture in Guangzhou: market design, and possible opportunities in China

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Here's the announcement of the talk I gave at Sun Yat Sen University, sponsored by the Business school, in Guangzhou. The larger them...
Tuesday, July 2, 2013

Deceased organ donation in China, and Hong Kong

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I just arrived in Hong Kong (via a fast train from Guangzhou). On Friday I spoke in Beijing about organ donation and allocation with offic...
Monday, July 1, 2013

Market design and computer assisted markets: video of my talk at the Simons Institute at Berkeley

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Market Design and Computer-Assisted Markets: An Economist's Perspective Here is the video of a talk I gave at Berkeley. (I can...
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Al Roth
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