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."

Monday, October 9, 2017

Celebration of Ken Arrow at Stanford

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October 9, 2017 Academic Tribute to Kenneth Arrow Location:  Frances C. Arrillaga Alumn...

Congratulations to Dick Thaler: 2017 Nobel Prize in Economics

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Bounded rationality, bounded self control, and bounded selfishness are recognized today by the 2017 Nobel Prize in Economics, awarded to Di...
Sunday, October 8, 2017

Uber's difficulties in London (and in general)

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Here's an illuminating article on the difficulties Uber is having in London. It's hard to extract a few representative sentences, b...
Saturday, October 7, 2017

Medical careers as investments

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From Statnews.com: How much do doctors really make? Compare your salary to various specialties 
1 comment:
Friday, October 6, 2017

Marijuana in America--getting less repugnant with each election

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Here's the story from which I copied the pictures below:  America’s Marijuana Evolution
Thursday, October 5, 2017

The latest Nobel Prize touching on organ donation--Kazuo Ishiguro and Never Let Me Go

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The Nobel Prize in Literature was awarded today to  Kazuo Ishiguro , whose 2005 novel Never Let Me Go  is about a dystopia in which cloned ...
Wednesday, October 4, 2017

Kidney black markets are persistent

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Black markets in kidneys--like those for narcotic drugs--have resisted attempts to abolish them. Here are two recent articles that explor...
Tuesday, October 3, 2017

The effect of paying the travel expenses of living kidney donors: Schnier et al. on NLDAC

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The National Living Donor Assistance Center (NLDAC) can only give a very little money to economically deprived kidney donors who are donati...

Ethics and Market Design by Shengwu Li

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Here's a take on an important and elusive question, by someone well qualified to discuss both ethics and market design. (That said, I h...
Monday, October 2, 2017

Global kidney exchange debated in the October issue of American Journal of Transplantation

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The October issue of the AJT starts off with a news report, and ends with six letters to the editor (3 of which are replies by us to the le...
Sunday, October 1, 2017

Market design in the September Econometrica

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The September Econometrica contains two very different market design papers. Research Design Meets Market Design: Using Centralized Ass...
Saturday, September 30, 2017

More on kidney transplantation and kidney exchange in Mexico

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In La Prensa:  Donación de órganos, insuficiente en México From Google translate: "Arturo Dib Kuri, director general of Pro-Renal ...
Friday, September 29, 2017

Interviewing in matching markets by Robin Lee and Michael Schwarz

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We still know too little about interviewing as a part of matching markets, but here's a paper (that has been around for a while but is ...
Thursday, September 28, 2017

Restricting choice to improve matching by Yash Kanoria and Daniela Saban

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Congestion, sometimes in the form of search costs, is a big deal in many matching markets.  Here are some interesting thoughts on that... ...
Wednesday, September 27, 2017

Kidney exchange in Europe: 3rd Workshop of the European Network for Collaboration in Kidney Exchange Programmes (ENCKEP)

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 The international participation in this conference is a sign of the growing reach of kidney exchange: 3rd Workshop of the European Netwo...

OCT 12 Drinks & Debate: How can NYC's high school admissions process be more fair? by Chalkbeat

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Here's an invitation to a discussion of NYC's highschool admission system, and some of the admissions criteria of particular school...
Tuesday, September 26, 2017

More on kidney exchange chains initiated by deceased donors

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Earlier I noted that there is a new  UNOS proposal: Allowing Deceased Donor-Initiated Kidney Paired Donation (KPD) Chains   out for public ...
Monday, September 25, 2017

Decriminalization of narcotics in Portugal, an update

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Kristof in the NYT on narcotics policy and outcomes in Portugal: How to Win a War on Drugs: Portugal treats addiction as a disease, not a ...
Sunday, September 24, 2017

Kidney exchange in Aussie TV

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Pablo Guillen watches TV in Sydney, and sent me this link to a show featuring kidney exchange: http://iview.abc.net.au/programs/pulse/DR1...
Saturday, September 23, 2017

Tributes to Ken Arrow

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  September 22, 2017 www.econometricsociety.org ...
Friday, September 22, 2017

Broken Chains and Reneging: rare and not very consequential

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Broken Chains and Reneging: A Review of 1748 Kidney Paired Donation Transplants By: Cowan, N ; Gritsch, HA; Nassiri, N; Sinacore, J; V...
Thursday, September 21, 2017

The private equity junior labor market continues to unravel

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Eric Budish points me to the annual story, which seems to be published earlier each year, about the race for young talent in private equity...
Wednesday, September 20, 2017

Hurricanes and price gouging (and watermelon)

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Accusations of price gouging don't just concern food and water and plywood and gasoline: nowadays we evacuate by airplane as well. But ...
Tuesday, September 19, 2017

Marijuana in California: will the illegal market coexist with the legal market?

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"California, which by one estimate produces seven times more marijuana than it consumes, will probably continue to be a major exporter...
Monday, September 18, 2017

School choice in Chile (deferred acceptance algorithm)

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There are new school choice systems being used this year in Chile, based on the deferred acceptance algorithm. " La ciencia detrás d...
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Al Roth
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