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Item Details
Title: THE HANDBOOK OF MARKET DESIGN
By: Alvin E. Roth (Editor), Nir Vulkan (Editor), Zvika Neeman (Editor)
Format: Hardback

List price: £145.00
Our price: £140.65
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ISBN 10: 0199570515
ISBN 13: 9780199570515
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Publisher: OXFORD UNIVERSITY PRESS
Pub. date: 29 August, 2013
Pages: 720
Description: This Handbook brings together the latest research on applied market design. It surveys matching markets: environments where there is a need to match large two-sided populations to one another, such as law clerks and judges or patients and kidney donors.
Synopsis: 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
Illustrations: 62 Figures, 54 Tables
Publication: UK
Imprint: Oxford University Press
Prizes: Winner of Alvin E. Roth was awarded the Nobel Prize in Economics 2012.
Returns: Returnable
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