Who Gets What -- And Why: The New Economics of Matchmaking and Market Design

Alvin E Roth

A Nobel laureate reveals the often surprising rules that govern a vast array of activities -- both mundane and life-changing -- where money plays little or no role.

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Book Information

Publisher: Eamon Dolan/Houghton Mifflin Harcourt
Publish Date: 06/02/2015
Pages: 272
ISBN-13: 9780544291133
ISBN-10: 0544291131
Language: English

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June 04, 2015

Alvin E. Roth's new book Who Gets What—and Why, schools us in how different markets work, and how to make them work better. READ FULL DESCRIPTION

Full Description

A Nobel laureate reveals the often surprising rules that govern a vast array of activities -- both mundane and life-changing -- in which money may play little or no role. If you've ever sought a job or hired someone, applied to college or guided your child into a good kindergarten, asked someone out on a date or been asked out, you've participated in a kind of market. Most of the study of economics deals with commodity markets, where the price of a good connects sellers and buyers. But what about other kinds of "goods," like a spot in the Yale freshman class or a position at Google? This is the territory of matching markets, where "sellers" and "buyers" must choose each other, and price isn't the only factor determining who gets what. Alvin E. Roth is one of the world's leading experts on matching markets. He has even designed several of them, including the exchange that places medical students in residencies and the system that increases the number of kidney transplants by better matching donors to patients. In Who Gets What -- And Why, Roth reveals the matching markets hidden around us and shows how to recognize a good match and make smarter, more confident decisions.

About Alvin E Roth

ALVIN ROTH, Ph.D., is the McCaw Professor of Economics at Stanford University, and is one of the world's leading experts in the fields of market design and game theory. He was the co-recipient of the 2012 Nobel Prize in Economics.


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