Wednesday, June 19 2024

Money helps match buyers and sellers in successful markets – but what about situations where money doesn’t determine who gets what, like a spot in the Yale freshman class, a job at Google, or even the right romantic partner?  What rules govern these kinds of interactions, and how do we find the right match for everything from an Uber driver to a place to stay with Air BnB?

These questions concern the new worlds of market design and matchmaking, two fields that are exploding with possibilities.  Al Roth is a winner of the Nobel Prize in Economics, and his new book, WHO GETS WHAT – AND WHY (Houghton Mifflin Harcourt, June 2016), explains the history of market design, how markets work, and how they influence the decisions that shape the world around us.

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