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."

Sunday, December 29, 2019

U.S medical school enrollments by sex: women outnumber men for the first time

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There are now more women than men applying to U.S. medical schools, being accepted (to the first year class) and enrolled (in all four year...
Saturday, December 28, 2019

A liver exchange in San Antonio, Texas

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Here's a story of a liver exchange in Texas, between an incompatible pair and a compatible pair. Living organ donors reunite with rec...
Friday, December 27, 2019

KIDNEY EXCHANGE AND THE ETHICS OF GIVING by Philippe van Basshuysen

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 Philippe van Basshuysen considers various forms of kidney exchange, including non-directed (altruistic) donor chains, but not global kidn...
Thursday, December 26, 2019

Effective altruism and (non-directed) kidney donation

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In their Christmas day discussion, the podcast Here Be Monsters considers the Quality Adjusted Life Years (QALYS) that can result from non...
Wednesday, December 25, 2019

Scandia Transplant Kidney Exchange Program (STEP) takes its first steps

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Here's a timely story of gift giving from the Karolinska University Hospital in Sweden: Karolinska University Hospital part of the fi...
Tuesday, December 24, 2019

Handbook of the Shapley Value

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Google books makes available excerpts from the new Handbook of the Shapley Value edited by Encarnación Algaba, Vito Fragnelli, Joaquín Sá...
Monday, December 23, 2019

Paul Milgrom's Marshall Lectures are now available on video

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Auctions are ancient, but the linked auctions Paul talks about in his lectures are stunningly modern, and depend on high powered, thought...

"The Ethical Algorithm" by Michael Kearns and Aaron Roth (book talk at Google)

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Here's a talk about " The Ethical Algorithm--The Science of Socially Aware Algorithm Design " by Michael Kearns and Aaron Ro...
Sunday, December 22, 2019

The Shapley value and explainable machine learning

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Machine learning via deep neural nets is famously a black box approach to prediction, but efforts are being made to open the black box and ...
Saturday, December 21, 2019

Further scrutiny of Organ Procurement Organizations (OPOs), now by the Senate Finance Committee

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The Senate is piling on to the the recent regulatory changes that have been announced for OPOs . Here's a letter from the Senate Fina...
Friday, December 20, 2019

Like a virgin? Controversy surrounding "virginity tests."

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Virginity testing has been in the news. In the NY Times: After the Rapper T.I.’s Remarks, N.Y. May Ban ‘Virginity Tests’ Legislation wa...
Thursday, December 19, 2019

International kidney exchange between Israel and Czech Republic

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The news embargo is over for last week's kidney exchange chain between Israel and the Czech Republic. (On the Israeli side, the necessa...
Wednesday, December 18, 2019

New U.S. rules proposed for organ donor reimbursements and Organ Procurement Organizations

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Here's the press release from HHS.gov: Trump Administration Proposes New Rules to Increase Accountability and Availability of the Org...
Tuesday, December 17, 2019

Market design workshop in Santiago, SUSPENDED

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Politics can certainly get in the way of economics, even academic economics, as it turns out.  The organizers of a conference on matching a...
Monday, December 16, 2019

United frequent flier updates as market design, by Scott Kominers

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Scott Kominers, at Bloomberg (possibly written while flying): United’s Frequent-Flier Program Gets Some Game Theory The change is a case...
Sunday, December 15, 2019

Market design, in Farsi

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Here's an article in Farsi, from an Iranian blog: طراحی بازار؛ حیات جدید اقتصاددانان دنیا امروزه اقتصاددانان تنها برای تحلیل بازا...
Saturday, December 14, 2019

Matching in Marathi (the language of Maharashtra)

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Ashutosh Thakur points out to me this article in the main Maharashtraian newspaper, ''Loksatta.'' संज्ञा आणि संकल्पना : ....
Friday, December 13, 2019

Skin donation, by the square foot, for New Zealand volcano burn victims

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CNN has the story, about a little-publicized part of the market for body parts: New Zealand has ordered more than 1,290 square feet of sk...
Thursday, December 12, 2019

Might there be enough deceased donor organs if we used them efficiently?

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It's hard to know how many deceased donor organs could be made available if we used them as efficiently as possible. Here's an essa...
Wednesday, December 11, 2019

Matching and market design in the latest issue of Theoretical Economics

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Theoretical Economics , Volume 14, Number 4 (November 2019) has several articles on matching and market design Common enrollment in schoo...
Tuesday, December 10, 2019

Medically assisted suicide.

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Several recent stories caught my eye on the controversial subject of medically assisted suicide, aka death with dignity, medical assistance...
Monday, December 9, 2019

Unraveling has made investment banks the farm teams of private equity...

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...at least that's the argument made in this article (full of nitty gritty detail) at Vanity Fair: “IT’S, LIKE, LAWLESS”: HOW PRIVATE...
Sunday, December 8, 2019

Black markets for drugs in Europe: report of the European Monitoring Centre for Drugs and Drug Addiction

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Here is the 2019 report from the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA) and Europol, the EU's police organiza...
Saturday, December 7, 2019

Sex, lies, videotape and...blackmail?

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The NY Times has a very interesting story about how it, and two very prominent lawyers, became involved with a man who claimed to have acce...
Friday, December 6, 2019

Testing your own DNA is illegal in France

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Statnews.com has the story: In France, it’s illegal for consumers to order a DNA spit kit. Activists are fighting over lifting the ban   ...
Thursday, December 5, 2019

The still struggling legal market for cannabis

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Here's an indirect update on the state of the American cannabis market, from the WSJ (hemp is a source for cannabidiol, or CBD): Farm...
Wednesday, December 4, 2019

Congestion and competition in college admissions (in the WSJ)

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Is college admissions ripe for re-design?  (The problems outlined are real, but I'm skeptical that there's the consensus needed for...
Tuesday, December 3, 2019

Seema Jayachandran on the Banerjee, Duflo, Kremer Nobel, in the NYT

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The Economic View column of the NY Times, by someone who knows the subject, and the subjects very well: When a Disappointment Helped Lead...
Monday, December 2, 2019

Who is a refugee? Remembering U.N. High Commissioner for Refugees Sadako Ogata

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The Lancet recalls the life and work of Sadako Ogata, born 16 September 1927; died 22 October 2019. Sadako Ogata "Sadako Ogata bega...
Sunday, December 1, 2019

Divorce as a repugnant transaction

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A recent obituary reminds me that divorce used to be a repugnant transaction, to which there were barriers even when both partners in a mar...
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Al Roth
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