Real-world Applications

Who Gets What – and Why Summary of Key Points

In ‘Who Gets What – and Why,’ Nobel laureate Alvin E. Roth explores the often invisible world of market design, revealing how our lives are influenced by the markets that govern them. Roth provides fascinating insights into various markets, from the assignment of school slots to organ donation exchanges, highlighting how well-designed markets can lead to improved outcomes for all participants. Through a blend of storytelling and economic analysis, Roth explains the principles of market design and how they can be used to solve real-world problems, making markets more efficient, fair, and beneficial for society.