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, November 20, 2018

Global kidney exchange celebrated together with the Declaration of Istanbul, in the AJT

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Here's the recent AJT Report from the American Journal of Transplantation, which touches on various aspects of kidney politics, inclu...
Monday, November 19, 2018

Repugnance watch: Dwarf tossing and the DC Circuit Court of Appeals

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When I first wrote about repugnant transactions in Roth (2007) , dwarf tossing was among the examples I used.  Many blog posts about repug...
Sunday, November 18, 2018

Congratulations to Fuhito Kojima, on the Enjoji Jiro Memorial Prize

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My colleague Fuhito Kojima has a lot to be congratulated on lately, and today comes another cause for congratulations.  He shares the 5th ...

The resident match can be confusing, in PNAS by Alex Rees-Jones and Samuel Skowronek

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Here's a recent paper in PNAS, | An experimental investigation of preference misrepresentation in the residency match Alex Rees-Jones...
Saturday, November 17, 2018

Black markets for marijuana in Canada, where marijuana is now legal

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Here are some accounts of the bumpy road to a thick legal market for marijuana: From the NY Times, on how stores continue to sell not yet...
Friday, November 16, 2018

Xenotransplants: the (evergreen) promise of transplantable organs from pigs

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Wouldn't it be great if the shortage of transplantable organs could be fixed by figuring out how to grow them in farm animals? (Yes, th...
Thursday, November 15, 2018

The law and economics of market design: conference in Mannheim November 15-16

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The program is here , but for some reason I can't copy it. Kim Krawiec and Peter Cramton will be giving keynote addresses. Market de...
Wednesday, November 14, 2018

The Terrible Toll of the Kidney Shortage, by McCormick, Held and Chertow

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An editorial in the Journal of the American Society of Nephrology counts the high human costs of the kidney shortage in terms not only of d...
Tuesday, November 13, 2018

Welfare of sophisticated versus naive players revisited, by Babaioff, Gonczarowski, and Romm

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Here's a new paper with a nuanced view of how well sophisticated players may do in a non-strategy-proof mechanism: Playing on a level...
Monday, November 12, 2018

MIT School choice summit: Nov. 13

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A big group of academics and practitioners involved in school choice will gather in Cambridge to take stock of what we have learned, and st...
Sunday, November 11, 2018

Repugnance watch: Greyhound racing banned (even) in Florida

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Florida had an active greyhound racing industry, now banned by referendum: Here's the story from the Orlando Sentinal: How vote to en...
Saturday, November 10, 2018

Obvious manipulations by Pete Troyan and Thayer Morrill

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Here's a paper motivated by the fact that (obviously:) there are going to be many more mechanisms that aren't obviously manipulable...
Friday, November 9, 2018

Marijuana scores some gains in the voting booth

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The NY Times has the story: Marijuana Embraced in Michigan, Utah and Missouri, but Rejected in North Dakota "Marijuana initiatives ...
Thursday, November 8, 2018

Arrow lecture at Columbia University this evening

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The 11th Annual Kenneth J. Arrow Lecture | Market Design in Large Worlds: The Example of Kidney Exchange Thursday, November 8, 2018 6:00...
Wednesday, November 7, 2018

Kidney exchange needs to be conducted at scale, in Vox

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Nikhil Agarwal, Itai Ashlagi, Eduardo Azevedo, Clayton Featherstone,  and Omer Karaduman summarize their recent paper in Vox..eu: Market ...
Tuesday, November 6, 2018

Discussion of marijuana in the U.K.--a police chief looks ahead

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Now that medical marijuana is legal, can legal recreational use be far behind?  The Guardian has the story. Former Met police chief urges ...
Monday, November 5, 2018

The case for compensating Australian plasma donors, by Bob Slonim

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Here's Bob Slonim, explaining the current situation in Australia, of unpaid Australian plasma donors, and big imports of plasma product...
Sunday, November 4, 2018

Waze carpool--launched nationwide

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At the NBER market design conference , Michael Schwarz spoke of market design with his practioner hat on (he's Microsoft's chief ec...
Saturday, November 3, 2018

Some Portuguese press on kidney exchange and market design

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When I was in Lisbon I gave two talks, and some interviews.  Here's a nice story written after both my talks: O que tem a economia a v...
Friday, November 2, 2018

Private equity job offers to young investment bankers unravel earlier this year, while investment banks try to stem their own unraveling

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Two stories from the WSJ about unraveling, at different parts of the financial industry. 1. The WSJ has publishes this year's unravel...
Thursday, November 1, 2018

Harvard admissions on trial--dualing economist expert witnesses, interesting details

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The Chronicle of Higher Ed has the story: Dueling Economists: Rival Analyses of Harvard’s Admissions Process Emerge at Trial There are ma...
Wednesday, October 31, 2018

EconTrack: The AEA's Job Market Information Board

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The AEA has launched a job market information board, which will collect information about the progress of interviews and flyouts for (I ima...
Tuesday, October 30, 2018

The (hot) job market for "Digitization Economists"

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HBS interviews Mike Luca on the market for new economists (and his recent paper with Susan Athey): Hunting for a Hot Job in High Tech? Try...
Monday, October 29, 2018

Market design and development economics at Harvard

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There's a two day conference at Harvard, called Development Economics and Market Design   Organizers: Scott Kominers, Natalia Rigol,...
Sunday, October 28, 2018

Repugnance watch: Blasphemy no longer unconstitutional in Ireland, as of yesterday

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Here's the story in The Guardian: Ireland votes to oust ‘medieval’ blasphemy law Decision is latest in ‘quiet revolution’ of seismic ...
Saturday, October 27, 2018

University of Virginia celebrates Charlie Holt

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Thomas Jefferson would be proud: "During the ceremony in the John Paul Jones Arena, held in conjunction with Family Weekend, UV...

Incentives can save lives (Washington Post op-ed with Congressman Cartwright)

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The Washington Post published this week an opinion piece I coauthored with Congressman Matt Cartwright of Pennsylvania, in support of the n...
Friday, October 26, 2018

Computational advances for hard matching problems

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Computational complexity theory focuses on worst case examples to identify hard problems, but the good news is that the instances that aris...
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Al Roth
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