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."

Thursday, January 4, 2024

Topics in Market Design: Econ 287/365: Winter quarter, Itai Ashlagi

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Itai Ashlagi will be teaching Econ 287 this quarter, on topics in market design.  It's highly recommended. He writes that the syllabus b...
Wednesday, January 3, 2024

Pilot projects to speed deceased donor organ allocation

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I won't use the word "experiments" for fear of the evil eye, but the OPTN is planning to authorize 'pilot programs' to...
Tuesday, January 2, 2024

What's ahead for U.S. organ allocation in the coming year

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 Here's the December announcement from HRSA of their plans for reforming organ procurement and allocation this year.   Organ Procurement...
Monday, January 1, 2024

Market design for the environment, by Cantillon and Slechten

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 Here's a recent NBER working paper, to start the year off on an optimistic note: MARKET DESIGN FOR THE ENVIRONMENT , by Estelle Cantill...
Sunday, December 31, 2023

The year in passings

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Another year, more memories and memorials: Sunday, January 29, 2023 Paul David (1935-2023) Monday, January 30, 2023 Tonya Ingram (1991-2022)...
Saturday, December 30, 2023

Some year-end good news: U.S. homicides are down

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To put deaths in their grim perspective, we have a lot more deaths from drug overdoses than from homicides.  But we're headed in the rig...
Friday, December 29, 2023

Price discovery

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 Here's SMBC on price discovery :   Mouseover: "Normal People: you economists keep assuming humans have perfect pricing information...
Thursday, December 28, 2023

Limitations of harm reduction: will Oregon recriminalize drug use?

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 The NYT has the story: To Revive Portland, Officials Seek to Recriminalize Public Drug Use . State and local leaders are proposing to roll ...
Wednesday, December 27, 2023

Medical aid in dying considered in Britain, and evolving in Canada

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The Guardian has the story about England and Wales, and the NYT has a story on Canada. Here's the Guardian: Two former health secretarie...
Tuesday, December 26, 2023

Market Design in El Mercurio--Chile's oldest newspaper

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Last Tuesday, in Chile I was interviewed by  Eduardo Olivares , the editor for Economics and Business of El Mercurio,  which published the i...
Monday, December 25, 2023

Auctioning fresh fish, quickly. by Hafalir, Kesten, Sherstyuk and Tao

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  Here's an auction for when leisurely price discovery is costly. When Speed is of Essence: Perishable Goods Auctions by Isa Hafalir, ,...
Sunday, December 24, 2023

Kidney exchange as an innovation in organization

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Here's a two minute video summary of an address I gave in 2014, just noticed now, which seems still pretty up to date. A lot of progress...
Saturday, December 23, 2023

Market design: some press accounts in Chile

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 The recent market design workshop in Santiago was pretty thrilling, and I was asked to give some interviews and a public talk, which have ...
Friday, December 22, 2023

Decline and decay of nudges

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  Here's the latest paper to suggest that small "nudges" can have much less of a lasting effect than was initially thought. Th...
Thursday, December 21, 2023

Cash for kidneys report in the Telegraph

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 The Telegraph has this story, by Samuel Lovett, Nandi Theint,  and Nicola Smith. For some reason I can't copy the headline, but the URL...
Wednesday, December 20, 2023

Public lecture today at the Casa Central de la Universidad de Chile:“Quién obtiene qué y por qué: La nueva economía del diseño de mercados”

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  Alvin Roth, Premio Nobel de Economía, dictará charla magistral en Casa Central de la Universidad de Chile  [Alvin Roth, Nobel Prize winner...
Tuesday, December 19, 2023

Experimental economics, in Economics textbooks

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 Here's a paper surveying introductory economics textbooks for statements (or lack of statements) about experimental economics, over fif...
Monday, December 18, 2023

Algorithmic Mechanism Design With Investment, by Akbarpour, Kominers, Li, Li, and Milgrom,

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 Mechanisms that are computationally complex may require approximation in implementation, which can change the incentive properties of the e...
Sunday, December 17, 2023

Market Design Workshop 18 - 20 December 2023 Santiago, Chile

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  Market Design Workshop   18 - 20 December 2023   Santiago, Chile Here is the list of participants, and the program .  I'll be speaki...
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Al Roth
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