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."

Wednesday, June 22, 2022

Russian Journalist’s Nobel Medal Sells for $103.5 Million, with proceeds to UNICEF for Ukrainian refugees.

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 The NYT has the story: it exemplifies quite a number of things (including jump bidding in a reserve price charity auction...) Russian Journ...
Tuesday, June 21, 2022

Japanese court upholds ban on same sex marriage

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 The Japan Times has the story: In LGBTQ rights setback, Japan court says barring same-sex marriage not unconstitutional     June 20, 2022 ...
Monday, June 20, 2022

Report of a SARS-CoV-2 human challenge trial. In Britain.

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  The May issue of Nature Medicine reports what I am pretty sure was the first covid challenge trial . It was a small one, designed to trac...
Sunday, June 19, 2022

Unraveling of MBA recruitment

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 The WSJ has the story: Some M.B.A.s Are Getting Job Offers Before They Step Onto Campus . Early recruiting—before students and prospective ...
Saturday, June 18, 2022

Conference on Mechanism and Institution Design July 11th to 15th, 2022 National U. of Singapore, online.

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 Here's the announcement: 2022 Conference on Mechanism and Institution Design July 11th to 15th, 2022  Department of Economics, Nationa...
Friday, June 17, 2022

ACM Conference on Economics and Computation (EC’22), June 28th through July 15th

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  Nicole Immorlica sends this announcement: The Twenty-Third ACM Conference on Economics and Computation ( EC’22 ) is taking place virtual...
Thursday, June 16, 2022

Behavioral economics and market design are quite different -- Nick Chater and George Loewenstein reflect

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 Experimental economics is one of the empirical foundations of what we now call behavioral economics.  Market design sometimes depends on ex...
Wednesday, June 15, 2022

An unusual Argentine presidential candidate supports a monetary market for kidneys

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 The right-wing Argentine politician,  Javier Milei, who describes himself as an anarcho-capitalist (but who the Washington Post thinks has ...
Tuesday, June 14, 2022

MR on repugnance for compensating blood donors, carried to an absurd conclusion

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  Alex Tabarrock had a great post at MR the other day, via Peter Jaworski , called A Bloody Waste . Here's how it began: A Bloody Waste ...
Monday, June 13, 2022

Price gouging laws are unpopular with economists

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 Chicago Booth's Initiative on Global Markets recently polled their panel of academic economists in the U.S. on whether a new law banni...
Sunday, June 12, 2022

Who Benefits from Meritocracy? by Diana Moreira & Santiago Pérez

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 Exams for U.S. civil service positions apparently started for some positions in 1883, and here's an NBER working paper that looks at th...
Saturday, June 11, 2022

Harm reduction for drugs: an experiment in British Columbia

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  Here's a news story in the Guardian, and the policy paper from British Columbia about the new efforts on harm reduction there. Canada ...
Friday, June 10, 2022

Congratulations to Arthur Lee, on receiving the Anna Laura Myers Prize for Outstanding Honors Thesis

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Arthur Lee received the Economics Department's Anna Laura Myers Prize for Outstanding Honors Thesis yesterday, for his thesis on school ...
Thursday, June 9, 2022

What are (swim) tests for?

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  Tests serve multiple purposes, they can be to screen, to certify, to incentivize.  In recent years we have seen concern about tests' d...
Wednesday, June 8, 2022

What might the assisted reproduction gray market look like, post Roe?

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 Yesterday I blogged about what might happen to the availability of abortion if it's constitutional protection is reversed so that indi...
Tuesday, June 7, 2022

What might the abortion gray market look like, post Roe?

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 My favorite psychiatrist points out that, before abortions became generally legal except when the woman's life was at risk, psychiatris...
Monday, June 6, 2022

The return of convalescent plasma as a treatment for Covid

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  As evidence accumulates, it appears that convalescent plasma helps some patients with Covid.  Here's an article from Medpage COVID Con...

A beachfront lot for you in the metaverse--or maybe an experimental lab

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  With Facebook transforming itself into Meta , we're starting to hear a lot about the metaverse , a term that may have been coined by ...
Sunday, June 5, 2022

Econometric Society Summer School in Dynamic Structural Econometrics: Market Design

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Market design isn't just about game theory these days: Econometric Society Summer School in Dynamic Structural Econometrics: Market Desi...
Saturday, June 4, 2022

NBER workshop on market design: Stanford November 4-5

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 Here's an announcement that arrived by email: To: NBER Market Design Working Group From: Eric Budish, Jakub Kastl, and Marzena Rostek...
Friday, June 3, 2022

Organ transplants and capital punishment don't go well together

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  I recently blogged about a paper by Robertson and Lavee in the American Journal of Transplantation, looking at surgeries conducted in Chi...
Thursday, June 2, 2022

Stanford Economics Site Conferences 2022

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Here's the full set of sessions for this summer:  Program Overview How Should We Fund Science?  (June 30-June 30, 2022) The Economics of...
Wednesday, June 1, 2022

Health data and privacy, in a world of overlapping data

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 Re-identifying de-identified data, by combining it with other data sets, sometimes provides a way of legally circumventing medical privacy ...
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Al Roth
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