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The Handbook of Market Design

Editor

Listed:
  • Vulkan, Nir
    (Associate Professor of Economics, Said Business School, University of Oxford)

  • Roth, Alvin E.
    (Professor of Economics, Stanford University and Nobel Laureate in Economics 2012)

  • Neeman, Zvika
    (Associate Professor, Berglas School of Economics, Tel Aviv University)

Abstract

Economists often look at markets as given, and try to make predictions about who will do what and what will happen in these markets. Market design, by contrast, does not take markets as given; instead, it combines insights from economic and game theory together with common sense and lessons learned from empirical work and experimental analysis to aid in the design and implementation of actual markets In recent years the field has grown dramatically, partially because of the successful wave of spectrum auctions in the US and in Europe, which have been designed by a number of prominent economists, and partially because of the increase use of the Internet as the platform over which markets are designed and run There is now a large number of applications and a growing theoretical literature. The Handbook of Market Design brings together the latest research from leading experts to provide a comprehensive description of applied market design over the last two decades In particular, it surveys matching markets: environments where there is a need to match large two-sided populations to one another, such as medical residents and hospitals, law clerks and judges, or patients and kidney donors It also examines a number of applications related to electronic markets, e-commerce, and the effect of the Internet on competition between exchanges. Contributors to this volume - Atila Abdulkadiroglu, Duke University Lawrence M. Ausubel, University of Maryland Sarbartha Bandyopadhyay, EconJobMarket.org. Gary Bolton, Smeal College of Business, Penn State Andrew Byde, Acunu Ltd Peter Cramton, University of Maryland Robert W. Day, University of Connecticut Sam Dinkin, Power Auctions LLC Martin Dufwenberg, University of Arizona Benjamin Edelman, Harvard Business School Aytek Erdil, University of Cambridge Haluk Ergin, University of California, Berkeley Emel Filiz-Ozbay, University of Maryland Joshua Gans, University of Toronto Uri Gneezy, University of California San Diego Ernan Haruvy, University of Texas at Dallas Aviad Heifetz, Open University of Israel Nathaniel Higgins, Johns Hopkins School of Advanced International Studies Fedor Iskhakov, University of Technology Sydney Terence Johnson, University of Notre Dame. Elena Katok, Penn State University Alon Klement, Radzyner School of Law Paul Klemperer, Oxford University Soohyung Lee, University of Maryland David McArthur, University of Maryland Paul Milgrom, Stanford University Zvika Neeman, Tel Aviv University Axel Ockenfels, University of Cologne Erkut Y. Ozbay, University of Maryland Michael Peters, University of British Columbia Chris Preist, University of Bristol Ashok Rai, Williams College Alvin E. Roth, Stanford University John Rust, Georgetown University Tuomas Sandholm, Carnegie Mellon University. Ella Segev, Ben-Gurion University Tomas Sjostrom, Rutgers University Tayfun Sonmez, Boston College Scott Stern, Sloan School, MIT Andrew Stocking, Congressional Budget Office Eric Talley, University of California Berkeley Utku Unver, Boston College Nir Vulkan, Said Business School Joel Watson, University of California, San Diego John Watson, Institute of Evidence-Based Change Robert Wilson, Stanford Business School

Suggested Citation

  • Vulkan, Nir & Roth, Alvin E. & Neeman, Zvika (ed.), 2015. "The Handbook of Market Design," OUP Catalogue, Oxford University Press, number 9780198743774.
  • Handle: RePEc:oxp:obooks:9780198743774
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    Citations

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    Cited by:

    1. Pablo Guillen & Róbert F. Veszteg, 2021. "Strategy-proofness in experimental matching markets," Experimental Economics, Springer;Economic Science Association, vol. 24(2), pages 650-668, June.
    2. He, Simin & Wu, Jiabin & Zhang, Hanzhe, 2021. "Experimental and Noncooperative Analyses of Decentralized Matching with Transfers," Working Papers 2021-2, Michigan State University, Department of Economics.
    3. Hakimov, Rustamdjan & Kübler, Dorothea, 2019. "Experiments On Matching Markets: A Survey," Rationality and Competition Discussion Paper Series 153, CRC TRR 190 Rationality and Competition.
    4. Yan Chen & Peter Cramton & John A. List & Axel Ockenfels, 2021. "Market Design, Human Behavior, and Management," Management Science, INFORMS, vol. 67(9), pages 5317-5348, September.
    5. Jonathan M.V. Davis, 2017. "The Short and Long Run Impacts of Centralized Clearinghouses: Evidence from Matching Teach For America Teachers to Schools," 2017 Papers pda791, Job Market Papers.
    6. Hakimov, Rustamdjan & Kübler, Dorothea, 2021. "Experiments on centralized school choice and college admissions: a survey," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 24(2), pages 434-488.
    7. Karsyn Lamb & Kristiana Hansen & Christopher Bastian & Amy Nagler & Chian Jones Ritten, 2019. "Investigating Potential Impacts of Credit Failure Risk Mitigation on Habitat Exchange Outcomes," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(3), pages 815-842, July.
    8. Eric Budish & Judd B. Kessler, 2016. "Can Market Participants Report their Preferences Accurately (Enough)?," NBER Working Papers 22448, National Bureau of Economic Research, Inc.

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