Rating: Not rated
Tags: Business & Economics, Economics, General, Theory, Mathematics, Game Theory, Lang:en
Publisher: Houghton Mifflin Harcourt
Added: September 23, 2020
Modified: November 5, 2021
Summary
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
withcommodity 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 ofmatching 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. InWho 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.