Who Gets What — and Why

Who Gets What — and Why

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A Nobel laureate reveals the often surprising rules that govern a vast array of activities a€” both mundane and life-changing a€” in which money may play little or no role. If youa€™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, youa€™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 a€œgoods, a€ like a spot in the Yale freshman class or a position at Google? This is the territory of matching markets, where a€œsellersa€ and a€œbuyersa€ must choose each other, and price isna€™t the only factor determining who gets what. Alvin E. Roth is one of the worlda€™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 a€” And Why, Roth reveals the matching markets hidden around us and shows how to recognize a good match and make smarter, more confident decisions.But coaches worry that all the other teams are recruiting early, and if they dona#39;t do the same, they could miss out on a future star. This a€œsoonera€ mentality isna#39;t limited to the ... first met a Stanford Cardinals coach. So far, the earliest answer Ia#39;ve gotten was from a player on the womena#39;s basketball team, who first met a Cardinals coach when she was in sixth grade. ... Rushing to be sooner isna#39;t just something in the history books or on the sports pages. If you know a recent college graduateanbsp;...

Title:Who Gets What — and Why
Author:Alvin E. Roth
Publisher:Houghton Mifflin Harcourt - 2015-06-02


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