Sunday, February 12, 2017

Review: Who Gets What — and Why: The New Economics of Matchmaking and Market Design

Who Gets What — and Why: The New Economics of Matchmaking and Market Design Who Gets What — and Why: The New Economics of Matchmaking and Market Design by Alvin E. Roth
My rating: 4 of 5 stars

I bought this book because I have a personal interest in the Boston Public School lottery, and the author is a Nobel Prize-winning economist who helped design the lottery. He also helped design the New York City Public School lottery, the kidney transplant exchange, the medical school match process, and numerous other systems. Which he does not stop reminding the reader of. His lack of modesty aside, and my personal interest aside, I thought this was a really interesting look at what a "market" is, and how to make sure there are enough buyers and sellers with enough information to make the market work - how to "create" a market, as it were. Definitely glad I read it, and it's one of those concepts that makes me look at the world differently now.

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