Alvin E. Roth
What’s inside
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.
You’ll Learn
- Understanding the underlying principles of market design and its importance
- Learning how well-designed markets can solve complex societal issues
- Gaining insights into the role of incentives and transparency in improving markets
- Exploring real-world applications of economic theories
Key Points
- Introduction to Market Design
- The Role of Incentives in Markets
- Matching Markets: Education and Jobs
- Improving Organ Donation through Market Design
- The Impact of Clear Rules and Transparency
- Solving Congestion: From Highways to Airwaves
- Future Directions in Market Design
Who’s it For
- Economists and students of economics
- Professionals interested in market dynamics
- Policy makers and public administrators
- Anyone curious about how markets work and can be improved
About the author
Alvin E. Roth is a pioneering American economist and Nobel laureate recognized for his exceptional work in market design and game theory. His innovative approach to solving real-world problems through economics has not only earned him prestigious awards but also made significant contributions to various fields, including healthcare, education, and public policy.