Market Design

I post market design related news and items about repugnant markets. See my Stanford profile. I have a 2026 book : Moral Economics The subtitle is "From Prostitution to Organ Sales, What Controversial Transactions Reveal About How Markets Work."

Monday, March 28, 2022

Pay for the last period of repeated game experiments with stationary probability of ending, by Chandrasekhar and Xandri

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 Here's a recent paper by  Arun Gautham Chandrasekhar  &  Juan Pablo Xandri  on how to preserve stage-game payoffs in an experiment ...
Sunday, March 27, 2022

Guns (concealed carry) and marijuana (recreational): two US maps

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  In both maps, brown is the color of permissiveness.  E.g. on the northern border, only Maine and Montana don't require permits/prescri...
Saturday, March 26, 2022

Queuing for ridesharing and organ allocation

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  Queues for ridesharing drivers at airports (where some trips are much better than others) lead to lots of rejected trips by those at the h...
Friday, March 25, 2022

Scott Kominers on entrepreneurial market design (podcast)

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  Scott Kominers is interviewed on the Things to Know podcast, about the arc of his career, and how it led him to market design, and crypto,...
Thursday, March 24, 2022

Practical market design and public policy

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  Market designers who want to influence practice have some things in common with makers of public policy. Here are some reflections, in Nat...
Wednesday, March 23, 2022

U.S. kidney transplant statistics for 2020

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  Here's a recent report in the American Journal of Transplantation:  OPTN/SRTR 2020 Annual Data Report: Kidney K. L. Lentine,J. M. Smit...
Tuesday, March 22, 2022

Transplant coordinators

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 Those of us adjacent to kidney exchange know that transplant coordinators are heroes, and I'm reminded of that by some recent news stor...
Monday, March 21, 2022

Economics in a war zone: Tymofiy Mylovanov interviewed by Scott Kominers

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  What's the first thing an economist has to think about when his country is invaded?  Supply chains. Scott Kominers interviews Tymofiy ...
Sunday, March 20, 2022

Surrogacy disrupted in Ukraine

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Along with all the other stories of struggle and courage coming to us from the Russian invasion of Ukraine, are those about surrogates, surr...
Saturday, March 19, 2022

Unraveling and reneging in the summer internship market

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 There are some costs to unraveling of offer dates, and some of them are borne by the companies that make very early offers. The WSJ has the...
Friday, March 18, 2022

David Schmeidler (1939-2022)

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My old friend David Schmeidler has just passed away.  We met very shortly after I got my Ph.D.in 1974 and moved to the University of Illino...
Thursday, March 17, 2022

Who is a person?

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 The question of who is a person (in law, and in welfare economics) is sometimes vexing. Arguments about abortion focus on the personhood of...
Wednesday, March 16, 2022

Plasma donations at the border

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Here's a WSJ story about the confluence of two controversial transactions, immigration and compensation for plasma donors. Block on Bloo...
Tuesday, March 15, 2022

Opioid prescription reductions and suicides

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 Addictive drugs are repugnant, but painkillers are essential pharmaceuticals.  In an effort to reduce addiction, guidelines have been formu...
Monday, March 14, 2022

Subscription as an advanced market commitment for new antibiotics

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  Axel Ockenfels points me to the following discussion of a subscription model for antibiotics: governments would guarantee that they would ...
Sunday, March 13, 2022

Nondirected living liver donation in the U.S.

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Nondirected kidney donation has been important in U.S. kidney transplants for some time.  Here's a report observing that nondirected liv...
Saturday, March 12, 2022

Summer School for Computational and Experimental Economics, Universitat Pompeu Fabra, June 12-19, 2022

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  Here's the announcement (more at the links): Summer School for Computational and Experimental Economics, Universitat Pompeu Fabra, Spa...

Conference on Economic Design, University of Padova, 9-11 June 2022

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  Conference on Economic Design , University of Padova,    9-11 June 2022 Paper Submission Deadline: 15 March 2022 "The 12th Conferenc...
Friday, March 11, 2022

Kidney transplant controversies on World Kidney Day

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 Yesterday, March 10 was World Kidney Day , whose theme was "Kidney health for all." I couldn't help noticing that reports in ...
Thursday, March 10, 2022

David Bennet Sr., who lived for two months with a transplanted pig heart, RIP

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 Xenotransplants from pigs are probably here to stay, but are also not quite here yet, and may not be for some time. Yesterday's NY Time...
Wednesday, March 9, 2022

Singapore court rules that only Parliament can approve gay sex

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 The NY Times has the story, about a colonial era Singapore law that isn't presently leading to prosecutions, but remains on the books: ...
Tuesday, March 8, 2022

School Choice by Atila Abdulkadiroglu & Tommy Andersson

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Here's a big new survey on school choice theory and practice: School Choice   by Atila Abdulkadiroglu & Tommy Andersson, NBER workin...
Monday, March 7, 2022

Sex Work: Last Week Tonight with John Oliver (HBO)

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Laughing through the tears about the plight of sex workers, and the complicated and often ridiculous legal environment. (He notes that there...
Sunday, March 6, 2022

Kidneys on Kilimanjaro

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 The Washington Post has the story A group of organ donors is climbing Mount Kilimanjaro this week. They each have one kidney.   By Cathy Fr...
Saturday, March 5, 2022

Antibiotic discovery and development (from caves, to clinical trials to clinics)

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 The development of antibiotics is in the hands of big pharmaceutical companies, which can manage and afford large scale clinical trials of ...
Friday, March 4, 2022

Penn celebrates Judd Kessler (with an endowed chair)

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  Here's the announcement:  Judd B. Kessler: Howard Marks Endowed Associate Professor "Judd B. Kessler has been named the inaugural...
Thursday, March 3, 2022

Matt Jackson wins the BBVA Frontiers of Knowledge Award in Economics

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  The BBVA Foundation Frontiers of Knowledge Award in Economics, Finance and Management has gone in this fourteenth edition to Matthew O. Ja...
Wednesday, March 2, 2022

Open letter of support for Ukraine from 163 Nobel Laureates

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  Nobel Laureate Support for Ukraine Nobel Letter      English   |   Ukrainian   |   Russian Nobel signatories Personal statement from the D...
Tuesday, March 1, 2022

Targeting High Ability Entrepreneurs Using Community Information: Mechanism Design in the Field By Reshmaan Hussam, Natalia Rigol, and Benjamin N. Roth

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 Mechanisms designed to elicit truthful reporting in the laboratory sometimes are cumbersome to administer and difficult to explain.  Here...
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Al Roth
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