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, August 8, 2021

Stanford SITE Seminar: Psychology and Economics, Aug 9-10

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  Session 4: Psychology and Economics Date Monday, August 9, 2021, 9am  -  Tuesday, August 10, 2021, 12:30pm ORGANIZED BY B. Douglas Bernhei...
Saturday, August 7, 2021

Real estate auctions for turtledoves: Klemperer, Baldwin and Teytelboym in the Economist

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 The Economist reports on efforts to reverse the decline of turtledove nesting sites: How an auction is helping Britain’s turtle doves ...
Friday, August 6, 2021

Alternative kidney waitlist designs, by Agarwal, Ashlagi, Rees, Somaini, and Waldinger in Econometrica

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  Here's a paper that seeks to take into account that patients waiting for a deceased organ transplant are forward looking, and make dec...
Thursday, August 5, 2021

Course allocation at the Technical University of Munich, by Martin Bichler and Soeren Merting

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 Here's a paper describing a recently designed and implemented course assignment system at the Technical University of Munich: Randomize...
Wednesday, August 4, 2021

Course allocation at Eötvös Loránd University, by Attila Rusznák, Péter Biró, and Rita Fleiner)

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At  Eötvös Loránd University in Hungary, there's a course allocation system that gives rise to intense course exchange after its officia...
Tuesday, August 3, 2021

Some history of the National Resident Matching Program

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 Here's a short history of the resident match, including the recent merger of MD and DO student applicants, and some thoughts about curr...
Monday, August 2, 2021

Coffee and civilization, at the Museum of Islamic Art in Jerusalem

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“Coffee – East and West” is the title of the new exhibition at the Museum of Islamic Art in Jerusalem." Here's the story from Haare...
Sunday, August 1, 2021

Market design, redesigned (in startups and university labs)

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Market design is evolving, and new ways of organizing it are being explored.  In my post yesterday, I talked about the early work on school ...
Saturday, July 31, 2021

Tom Payzant, Boston schools superintendent who reformed school choice, dies at 80

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 Tom Payzant played a critical role in transforming Boston's school choice from an immediate acceptance algorithm that exposed students...
Friday, July 30, 2021

The Art of Experimental Economics: Twenty Top Papers Reviewed , edited by Gary Charness and Mark Pingle

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  Here's a forthcoming book that provides a unique and entertaining review of twenty influential papers in experimental economics. Kati...
Thursday, July 29, 2021

Uterus transplants considered in Japan

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 Here's the story from the Asahi Shimbun, including some background. For the time being, only living-donor organs seem to be allowed und...
Wednesday, July 28, 2021

Redistribution through markets, in Econometrica, by Dworczak, Kominers, and Akbarpour

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  Market designs involving taxes, or rationing, in  the latest Econometrica, Vol. 89, No. 4 (July, 2021), 1665–1698: REDISTRIBUTION THROUGH ...
Tuesday, July 27, 2021

Emergency decision making and medical ethics for breakfast

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  Saturday morning breakfast cereal (SMBC) has hidden a message for us here:
Monday, July 26, 2021

Does legal marijuana lead to the use of more dangerous drugs, or increase crime?

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 It appears that the short answer is "No," according to this recent NBER working paper Is Recreational Marijuana a Gateway to Hard...
Sunday, July 25, 2021

U.S, drug overdose deaths at 93,000 in 2020

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Fentanyl infused opioids are epidemic on the street. Here's the story from the Washington Post: Drug overdose deaths soared to a record ...
Saturday, July 24, 2021

Marketplace for supplies to produce vaccines: COVAX

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  Scott Kominers sends me the following link, of a marketplace intended to notify vaccine makers of supplies that may be available: The COVA...
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Al Roth
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