Eric Crampton • Jan 21, 2014 •
Whenever I watch Finn's quest to implement Pareto-improving moves despite the incompatibility of others' wants and the downright misanthropy of some actors, I, like you, can't help but think of Al Roth.Economists know that we could save lives if we all... Read More
Paul Walker • Jan 20, 2013 •
Recent Nobel Prize winner Alvin Roth gives a brief summary of work on "Kidney Exchanges" in the NBER Reporter: Number 4, 2012. More than 90,000 patients are on the U.S. waiting list for a kidney transplant from a deceased donor, and only 11,000 or so ... Read More
Eric Crampton • Oct 18, 2012 •
I love the contrast between Steve Landsburg and Virginia Postrel on the Roth Nobel. They're both completely right. Says Landsburg: So Alvin Roth wins the Nobel Prize for, among other things, figuring out the best way to allocate kidneys subject to t... Read More
Eric Crampton • Oct 15, 2012 •
Alvin Roth and Lloyd Shapley won this year's Economics Nobel. The prize was awarded "for the theory of stable allocations and the practice of market design". The Swedish Academy has awarded a few prizes in game theory and mechanism design recently,*... Read More