A Nobel Prize-⁠winning economist shows us why we have to deal in trade-offs when we can't agree on what's right and what's wrong.Some of the most intractable controversies in our divided society are, at bottom, about what actions and transactions should be banned. Should women and couples be able to purchase contraception, access in vitro fertilization, and end pregnancy by obtaining an abortion? Should people be able to buy marijuana? What about f...

How our lives are shaped not only by the choices we make, but by the choices we have.In many parts of life – jobs, housing, medical care, education, even a date on the internet – price is not the only determinant of who gets what. So how do the other processes that influence who gets which goods, jobs, university places and partners really work?In ‘Who Gets What’, Nobel Prize winning economist Alvin Roth uncovers the global rules of how markets allocate, how matchmaking sha...

A Nobel Prize-⁠winning economist shows us why we have to deal in trade-offs when we can't agree on what's right and what's wrong.Some of the most intractable controversies in our divided society are, at bottom, about what actions and transactions should be banned. Should women and couples be able to purchase contraception, access in vitro fertilization, and end pregnancy by obtaining an abortion? Should people be able to buy marijuana? What about f...

How our lives are shaped not only by the choices we make, but by the choices we have.In many parts of life – jobs, housing, medical care, education, even a date on the internet – price is not the only determinant of who gets what. So how do the other processes that influence who gets which goods, jobs, university places and partners really work?In ‘Who Gets What’, Nobel Prize winning economist Alvin Roth uncovers the global rules of how markets allocate, how matchmaking sha...

From the winner of the Nobel Prize in Economics, a "fluent and accessible" guide to understanding matching markets (Economist.com)."An exciting practical approach to economics that enables both individuals and institutions to achieve their goals without running afoul of the profit motive." — Kirkus Reviews (starred review)Most of the study of economics deals with commodity markets, where the price of a good connects sellers and buye...

O ganhador do prêmio Nobel de economia Alvin E. Roth revela as regras que regem os mercados que nos cercam.Com uma linguagem acessível e exemplos universais, Alvin Roth explica a ciência que rege os mercados que não utilizam somente dinheiro em suas transações. Tomando como base as pesquisas e projetos que lhe renderam o prêmio Nobel de economia em 2012, Roth é capaz de transformar a complexa teoria de jogos e desenho de mercados em conceitos fáceis de serem compre...

Two-sided matching provides a model of search processes such as those between firms and workers in labor markets or between buyers and sellers in auctions. This book gives a comprehensive account of recent results concerning the game-theoretic analysis of two-sided matching. The focus of the book is on the stability of outcomes, on the incentives that different rules of organization give to agents, and on the constraints that these incentives impose on the ways such markets can be organize...

In Replacement Parts, internationally recognized bioethicist Arthur L. Caplan and coeditors James J. McCartney and Daniel P. Reid assemble seminal writings from medicine, philosophy, economics, and religion that address the ethical challenges raised by organ transplantation. Caplan's new lead essay explains the shortfalls of present policies. From there, book sections take an interdisciplinary approach to fundamental issues like the determination of death and the dead donor rule; the divis...

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 a...

Composed in honour of the sixty-fifth birthday of Lloyd Shapley, this volume makes accessible the large body of work that has grown out of Shapley's seminal 1953 paper. Each of the twenty essays concerns some aspect of the Shapley value. Three of the chapters are reprints of the 'ancestral' papers: Chapter 2 is Shapley's original 1953 paper defining the value; Chapter 3 is the 1954 paper by Shapley and Shubik applying the value to voting models; and chapter 19 is Shapley's 1969 paper defin...