Friday, November 25, 2016
Remaining Questions and Challenges for Market Design
Very few economic sub-fields have done so well in such little time as has market design. From redesigning school choice to establishing matching markets in kidney to introducing combinatorial auctions of airwaves no other field has so rapidly taken theory to practice and seen it bear immediate fruit. The rest of the economic community took notice and two market designers were awarded the Nobel Prize for their early and profound contributions. One can't help but think that more accolades are due in the next 5-15 years.
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