Who Gets What—And Why: The New Economics of Matchmaking and Market Design
Written by Alvin E. Roth
Narrated by Peter Berkrot
4/5
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About this audiobook
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.
Alvin E. Roth
Alvin E. Roth, PhD, 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 a corecipient of the 2012 Nobel Prize in economics.
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Reviews for Who Gets What—And Why
63 ratings2 reviews
- Rating: 5 out of 5 stars5/5I came for the thicc markets, stayed for solutions on organ donations ? good book for someone new to economics
1 person found this helpful
- Rating: 3 out of 5 stars3/5Title and intro sounds like the book will cover a wide variety of markets. Instead it spends chapters talking about medical field and schools. It touches other topics very lightly to draw a comparison. So expect some parts to become redundant...