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, July 25, 2024

Knights and Knaves reimagined by Jacob Glazer and Ariel Rubinstein

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 Knights and Knaves are a venerable class of logical puzzles in which knights always tell the truth and knaves always lie, and the task is t...
Wednesday, July 24, 2024

The End Kidneys Death Act has growing support

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I've earlier blogged about the  Coalition to Modify NOTA (the National Organ Transplant Act of 1984) . Here is a summary of their propos...
Tuesday, July 23, 2024

Redesigning academia

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  Here's an article that presents for discussion possible market design changes in academic earth sciences.  Some of them don't appl...
Monday, July 22, 2024

Don't take "No" for an answer in deceased organ donor registration (a paper forthcoming after ten+ years)

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 Here's a paper reporting a "field in the lab" experiment with actual organ donor registrations, that took over ten years to g...
Sunday, July 21, 2024

Signaling for medical residencies: the first few years

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Two papers report on signaling in Otolaryngology and Orthopaedic surgery.  The Otolaryngology societies have a summary of the current state ...
Saturday, July 20, 2024

Black markets in everything bagels (in S. Korea)

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 South Korea is not a hub of everything bagels, it turns out. In fact they are banned. The NYT has the story: Why Everything Bagel Seasoning...
Friday, July 19, 2024

Congratulations to ESA Fellows

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  The Economic Science Association (ESA) has decided that the stock of old experimenters is sufficient to start naming fellows.  (I heard of...
Thursday, July 18, 2024

Kidney exchange in Germany: draft of a proposed law

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  Yesterday the German Federal Cabinet published the draft of a law that would allow kidney exchange in Germany. Below is the text of the pr...
Wednesday, July 17, 2024

Becoming a matchmaker

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  The company built around the marriage pact is now offering matchmaking tools to the public: Matchbox . "Matchbox is the matching al...
Tuesday, July 16, 2024

Surrogacy in Israel

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In Israel, where commercial surrogacy is legal, surrogates are more and more coming from educated and religious communities.  Haaretz has th...
Monday, July 15, 2024

Dealing with the harms of harm reduction

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 Some of the jurisdictions that pioneered harm reduction measures to reduce drug overdose deaths are dealing with problems of public drug us...
Sunday, July 14, 2024

Kidney exchange collaboration: Alliance for Paired Kidney Donation (APKD) and MedSleuth

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 Here's a press release from MedSleuth about their collaboration with the Alliance for Paired Kidney Donation. The Alliance for Paired K...
Saturday, July 13, 2024

Covid vaccine boosters: promoting uptake is hard

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  A recent study published in Nature shows that inexpensive nudges (to get Covid revaccinations) can have small but measurable effects (abou...
Friday, July 12, 2024

Growth pains for legal marijuana, in Germany and New York

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Transitioning from a thriving black market for marijuana to a regulated legal market isn't so easy. The Guardian has the story from Germ...
Thursday, July 11, 2024

"Discreteness is the better part of value" (Vince Crawford)

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  One of the themes of the conference celebrating Vince Crawford (in anticipation of his 75th birthday) is how two of his early famous pape...
Wednesday, July 10, 2024

Great Market Hall in Budapest

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 It's good to remember that before markets were digital, essentially all marketplaces were places . Here I am trying to take in Budapest...
Tuesday, July 9, 2024

Child labor in soccer

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Many laws seek to protect children from being exploited in the labor market, and there is widespread repugnance when it appears that such ex...
Monday, July 8, 2024

Top-trading-cycles for multiple-type housing markets by Di Feng , Bettina Klaus , and Flip Klijn

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  On it's 50th anniversary, top trading cycles (TTC) is still well worth studying. Here's the latest: Characterizing the typewise to...
Sunday, July 7, 2024

Mechanism and Institution Design in Budapest, in honor of Vince Crawford's 75th birthday: July 8-12 at Corvinus University

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  Here's the high level program , and here's the detailed program . I plan to speak on Wednesday about Ethical Issues in Market Desi...
Saturday, July 6, 2024

Morals and the limits of markets, WZB Berlin, 11 - 12 July 2024

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  Here's a conference that looks interesting: Morals and the limits of markets , WZB Berlin, 11 - 12 July 2024 Organizers:  Hande Erkut ...
Friday, July 5, 2024

The Morality of Markets, by Mathias Dewatripont and Jean Tirole, in the JPE

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 Are markets moral, immoral, or amoral?  Here's a new entry to that argument. The Morality of Markets , by Mathias Dewatripont and Jean ...
Thursday, July 4, 2024

YingHua He 何 英华 has died.

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  Yan Chen passes on the devastating news that  YingHua He 何 英华  passed away on Tuesday night, after struggling with kidney cancer. May his ...
Wednesday, July 3, 2024

Kidney Exchange in KSA

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  Here's a press release from King Faisal Specialist Hospital and Research Centre in Saudi Arabia: KFSHRC Performs Over 5,000 Successful...
Tuesday, July 2, 2024

A proposal to assess public opinion in Europe on compensation for organ donors

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  Here's a paper that proposes doing an experiment. Concerning compensation for organ donors. In Europe.  With the hope of influencing p...
Monday, July 1, 2024

Fairness, efficiency and strategy proofness in assigning indivisible objects: two new papers

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 Here are two new papers on the burgeoning literature of matching people to scarce indivisible resources. First, an experiment by Claudia Ce...
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Al Roth
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