Podcast appearances and mentions of Alvin E Roth

A classic topic in the study of innovation is the link between physical proximity and the exchange of ideas. But I've long been interested in a relatively new kind of serendipity engine, which isn't constrained by physical proximity: Twitter. Lots of academics use twitter to talk about new discoveries and research. Today I want to look at whether twitter serves as a novel kind of knowledge diffusion platform.This podcast is an audio read through of the (initial version of the) article Twitter and the Spread of Academic Knowledge, originally published on New Things Under the Sun.Articles mentionedde Winter, J.C.F. 2015. The relationship between tweets, citations, and article views for PLOS ONE articles. Scientometrics 102: 1773-1779. https://doi.org/10.1007/s11192-014-1445-xJeong, J.W., M.J. Kim, H.-K. Oh, S. Jeong, M.H. Kim, J.R. Cho, D.-W. Kim and S.-B Kang. 2019. The impact of social media on citation rates in coloproctology. Colorectal Disease (10):1175-1182. https://doi.org/10.1111/codi.14719Peoples, Brandon K., Stephen R. Midway, Dana Sackett, Abigail Lynch, and Patrick B. Cooney. 2016. Twitter predicts citation rates of ecological research. PLoS ONE 11(11): e0166570. https://doi.org/10.1371/journal.pone.0166570Lamb, Clayton T., Sophie L. Gilbert, and Adam T. Ford. 2018. Tweet success? Scientific communication correlates with increased citations in Ecology and Conservation. PeerJ 6:e4564. https://doi.org/10.7717/peerj.4564Chan, Ho Fai, Ali Sina Önder, Sascha Schweitzer, and Benno Torgler. 2023. Twitter and citations. Economics Letters 231: 111270. https://doi.org/10.1016/j.econlet.2023.111270Finch, Tom, Nina O'Hanlon, and Steve P. Dudley. 2017. Tweeting birds: online mentions predict future citations in ornithology. Royal Society Open Science 4171371. http://doi.org/10.1098/rsos.171371Tonia, Thomy, Herman Van Oyen, Anke Berger, Christian Schindler, and Nino Künzli. 2020. If I tweet will you cite later? Follow-up on the effect of social media exposure on article downloads and citations. International Journal of Public Health 65: 1797–1802. https://doi.org/10.1007/s00038-020-01519-8Branch, Trevor A., Isabelle M. Cȏté, Solomon R. David, Joshua A. Drew, Michelle LaRue, Melissa C. Márquez, E. C. M. Parsons, D. Rabaiotti, David Shiffman, David A. Steen, Alexander L. Wild. 2024. Controlled experiment finds no detectable citation bump from Twitter promotion. PLoS ONE 19(3): e0292201. https://doi.org/10.1371/journal.pone.0292201Qiu, Jingyi, Yan Chen, Alain Cohn, and Alvin E. Roth. 2024. Social Media and Job Market Success: A Field Experiment on Twitter. SSRN Working Paper. https://doi.org/10.2139/ssrn.4778120

From 2018 - Pulitzer Prize winning author Alvin E. Roth discusses his book "Who Gets What - and Why: The Economics of Matchmaking and Market Design."

A Teoria dos Jogos tem mais aplicações na prática do que aquelas que podemos imaginar: está subjacente aos leilões de arte mas também aos leilões do peixe ou das flores; está por detrás da colocação de professores em escolas ou de médicos em hospitais. Até a turma onde a sua filha foi colocada na Faculdade é determinada por esta teoria que afinal tem aplicações muito mais concretas do que parece.Joana Pais e Hugo Van Der Ding largam o lado teórico e trocam agora a Teoria dos Jogos por miúdos, fazendo jus ao objectivo do IN PERTINENTE: dar respostas às perguntas de todos e contribuir para uma sociedade mais informada.REFERÊNCIAS E LINKS ÚTEIS:Leilões:Krishna, Vijay. Auction theory. Academic press, 2009. Milgrom, Paul Robert. Putting auction theory to work. Cambridge University Press, 2004 Desenho de mercados em geral:Roth, Alvin E. The economist as engineer: Game theory, experimentation, and computation as tools for design economics." Econometrica 70.4 (2002): 1341-1378.Roth, Alvin E. "What Have We Learned from Market Design?." The Economic Journal 118.527 (2008): 285-310. Scott Duke Kominers, Alexander Teytelboym, and Vincent P. Crawford. An invitation to market design. Oxford Review of Economic Policy Matching theory:Gale, David, and Lloyd S. Shapley. "College admissions and the stability of marriage." The American Mathematical Monthly 69.1 (1962): 9-15. Scientific Background on the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2012: https://www.nobelprize.org/uploads/2018/06/advanced-economicsciences2012.pdfRoth, Alvin E. "The evolution of the labor market for medical interns and residents: a case study in game theory." The Journal of Political Economy(1984): 991-1016. Alvin Roth, Marilda Sotomayor, Two-sided matching (1990), Cambridge university press (Econometric Society Monograph)Alvin Roth (2015), Who gets what - and why: The new economics of Matchmaking and Market Design, Eamon Dolan / Houghton Mifflin Harcourt Michael A. Rees, Ty B. Dunn, Christian S. Kuhr, Christopher L. Marsh, Jeffrey Rogers, Susan E. Rees, Alejandra Cicero, Laurie J. Reece, Alvin E. Roth, Obi Ekwenna, et al. Kidney exchange to overcome financial barriers to kidney transplantation. American Journal of Transplantation, 17:782–790, 2017.BIOSJOANA PAISJoana Pais é professora de Economia no ISEG da Universidade de Lisboa. Obteve o seu Ph.D. em Economia na Universitat Autònoma de Barcelona em 2005. Atualmente é coordenadora do programa de Mestrado em Economia e do programa de Doutoramento em Economia, ambos do ISEG, e membro da direção da unidade de investigação REM - Research in Economics and Mathematics. É ainda coordenadora do XLAB – Behavioural Research Lab, um laboratório que explora a tomada de decisão e o comportamento económico, político e social, suportado pelo consórcio PASSDA (Production and Archive of Social Science Data). Os seus interesses de investigação incluem áreas como a teoria de jogos, em particular, a teoria da afetação (matching theory), o desenho de mercados, a economia comportamental e a economia experimental.HUGO VAN DER DING Hugo van der Ding nasceu nos finais dos anos 70 ao largo do Golfo da Biscaia, durante uma viagem entre Amesterdão e Lisboa, e cresceu numa comunidade hippie nos arredores de Montpellier. Estudou História das Artes Decorativas Orientais, especializando-se em gansos de origami. Em 2012, desistiu da carreira académica para fazer desenhos nas redes sociais. Depois do sucesso de A Criada Malcriada deixou de precisar de trabalhar. Ainda assim, escreve regularmente em revistas e jornais, é autor de alguns livros e podcasts, faz ocasionalmente teatro e televisão, e continua a fazer desenhos nas redes sociais. Desde 2019 é um dos apresentadores do programa Manhãs da 3, na Antena 3.

Al Roth and I discuss hitmen, drugs, kidneys, paid sex, and other repugnances. We're joined by co-hosts Madison White and Alex Leseney (both UVA 3Ls), with appearances from UVA 3Ls Thalia Stanberry, Caitlyn Stollings, Jackson Bailey, and Autumn Adams-jack. A good time was had by all!Alvin E. Roth is the Craig and Susan McCaw Professor of Economics at Stanford University. He works in the areas of game theory, experimental economics, and market design, and shared the 2012 Nobel Memorial Prize in Economics.Readings referenced in this episode:Roth, Alvin E. Who gets what--and why: the new economics of matchmaking and market design. Houghton Mifflin Harcourt, 2015.Roth, Alvin E. "Repugnance as a Constraint on Markets." Journal of Economic perspectives 21.3 (2007): 37-58.Roth, Alvin E. "Marketplaces, markets, and market design." American Economic Review 108.7 (2018): 1609-58.Chenlin Gu, Alvin Roth, Qingyun Wu (2022) Forbidden Transactions and Black Markets. Mathematics of Operations Research  Published online in Articles in Advance 28 Jan 2022  . https://doi.org/10.1287/moor.2021.1236  

In diesem Podcast erzählt Philipp "Pip" Klöckner, wie er mit Broke Angel Investments zum Millionär wurde und in welche Wachstumsaktien er investiert. Dabei geht er darauf ein, worauf der bei Startup- und Aktieninvestments achtet, wie man selbst Broke Angel Investments machen kann und wie es zu seinem Investment in Unicorn Startup Gorillas gekommen ist. Shownotes Pip im Erfolgsgeschichten Podcast über seine Karriere: https://erfolgsgeschichten.org/philipp-kloeckner Pip auf Twitter: https://twitter.com/pip_net Pip auf LinkedIn: https://www.linkedin.com/in/kloeckner/ Pip auf Instagram: https://www.instagram.com/pip_1980/ Doppelgänger Podcast: https://www.doppelgaenger.io/ Buchempfehlungen The hard thing about hard things von Ben Horowitz: https://amzn.to/3IaBXIP * Wer kriegt was und warum von Alvin E. Roth: https://amzn.to/3lm7BJB * Der Master Switch von Tim Wu: https://amzn.to/3xPLGzO * Werbepartner Online-Kunstgalerie Singulart: https://www.singulart.com/de/ Partnerlink = *

In Who Gets What — and Why: The New Economics of Matchmaking and Market Design (Mariner Books, 2015), Nobel Memorial Prize Winner Alvin Roth explains his pioneering work in the study of matching markets such as kidney exchange, marriage, job placements for new doctors and new professors, and enrollments in schools or colleges. In these markets, “buyers” and “sellers” must each chose the other, and getting the prices right is only a small part of what makes for a successful transaction, if cash is even involved at all. Roth's work has led the way in taking microeconomics outside the halls of academic theory to become a practical “engineering” tool for policymakers and businesses. In our interview, we range far beyond the examples from the book to discuss the implications of his work for the design of tech's market-making “platform” businesses like Airbnb, Amazon, Lyft, or Uber, the challenges he faces when countries or people view some kinds of transactions as “repugnant” or morally unacceptable, and the reasons why San Francisco's school district (unlike Boston's or New York's) chose not to implement the un-gameable school choice plan his team devised for them. Host Peter Lorentzen is an Associate Professor in the Department of Economics at the University of San Francisco, where he leads a new digital economy-focused Master's program in Applied Economics. Learn more about your ad choices. Visit megaphone.fm/adchoices

In Who Gets What — and Why: The New Economics of Matchmaking and Market Design (Mariner Books, 2015), Nobel Memorial Prize Winner Alvin Roth explains his pioneering work in the study of matching markets such as kidney exchange, marriage, job placements for new doctors and new professors, and enrollments in schools or colleges. In these markets, “buyers” and “sellers” must each chose the other, and getting the prices right is only a small part of what makes for a successful transaction, if cash is even involved at all. Roth's work has led the way in taking microeconomics outside the halls of academic theory to become a practical “engineering” tool for policymakers and businesses. In our interview, we range far beyond the examples from the book to discuss the implications of his work for the design of tech's market-making “platform” businesses like Airbnb, Amazon, Lyft, or Uber, the challenges he faces when countries or people view some kinds of transactions as “repugnant” or morally unacceptable, and the reasons why San Francisco's school district (unlike Boston's or New York's) chose not to implement the un-gameable school choice plan his team devised for them. Host Peter Lorentzen is an Associate Professor in the Department of Economics at the University of San Francisco, where he leads a new digital economy-focused Master's program in Applied Economics. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/public-policy

In Who Gets What — and Why: The New Economics of Matchmaking and Market Design (Mariner Books, 2015), Nobel Memorial Prize Winner Alvin Roth explains his pioneering work in the study of matching markets such as kidney exchange, marriage, job placements for new doctors and new professors, and enrollments in schools or colleges. In these markets, “buyers” and “sellers” must each chose the other, and getting the prices right is only a small part of what makes for a successful transaction, if cash is even involved at all. Roth's work has led the way in taking microeconomics outside the halls of academic theory to become a practical “engineering” tool for policymakers and businesses. In our interview, we range far beyond the examples from the book to discuss the implications of his work for the design of tech's market-making “platform” businesses like Airbnb, Amazon, Lyft, or Uber, the challenges he faces when countries or people view some kinds of transactions as “repugnant” or morally unacceptable, and the reasons why San Francisco's school district (unlike Boston's or New York's) chose not to implement the un-gameable school choice plan his team devised for them. Host Peter Lorentzen is an Associate Professor in the Department of Economics at the University of San Francisco, where he leads a new digital economy-focused Master's program in Applied Economics. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/systems-and-cybernetics

In Who Gets What — and Why: The New Economics of Matchmaking and Market Design (Mariner Books, 2015), Nobel Memorial Prize Winner Alvin Roth explains his pioneering work in the study of matching markets such as kidney exchange, marriage, job placements for new doctors and new professors, and enrollments in schools or colleges. In these markets, “buyers” and “sellers” must each chose the other, and getting the prices right is only a small part of what makes for a successful transaction, if cash is even involved at all. Roth's work has led the way in taking microeconomics outside the halls of academic theory to become a practical “engineering” tool for policymakers and businesses. In our interview, we range far beyond the examples from the book to discuss the implications of his work for the design of tech's market-making “platform” businesses like Airbnb, Amazon, Lyft, or Uber, the challenges he faces when countries or people view some kinds of transactions as “repugnant” or morally unacceptable, and the reasons why San Francisco's school district (unlike Boston's or New York's) chose not to implement the un-gameable school choice plan his team devised for them. Host Peter Lorentzen is an Associate Professor in the Department of Economics at the University of San Francisco, where he leads a new digital economy-focused Master's program in Applied Economics. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/book-of-the-day

In Who Gets What — and Why: The New Economics of Matchmaking and Market Design (Mariner Books, 2015), Nobel Memorial Prize Winner Alvin Roth explains his pioneering work in the study of matching markets such as kidney exchange, marriage, job placements for new doctors and new professors, and enrollments in schools or colleges. In these markets, “buyers” and “sellers” must each chose the other, and getting the prices right is only a small part of what makes for a successful transaction, if cash is even involved at all. Roth's work has led the way in taking microeconomics outside the halls of academic theory to become a practical “engineering” tool for policymakers and businesses. In our interview, we range far beyond the examples from the book to discuss the implications of his work for the design of tech's market-making “platform” businesses like Airbnb, Amazon, Lyft, or Uber, the challenges he faces when countries or people view some kinds of transactions as “repugnant” or morally unacceptable, and the reasons why San Francisco's school district (unlike Boston's or New York's) chose not to implement the un-gameable school choice plan his team devised for them. Host Peter Lorentzen is an Associate Professor in the Department of Economics at the University of San Francisco, where he leads a new digital economy-focused Master's program in Applied Economics. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/science-technology-and-society

In Who Gets What — and Why: The New Economics of Matchmaking and Market Design (Mariner Books, 2015), Nobel Memorial Prize Winner Alvin Roth explains his pioneering work in the study of matching markets such as kidney exchange, marriage, job placements for new doctors and new professors, and enrollments in schools or colleges. In these markets, “buyers” and “sellers” must each chose the other, and getting the prices right is only a small part of what makes for a successful transaction, if cash is even involved at all. Roth's work has led the way in taking microeconomics outside the halls of academic theory to become a practical “engineering” tool for policymakers and businesses. In our interview, we range far beyond the examples from the book to discuss the implications of his work for the design of tech's market-making “platform” businesses like Airbnb, Amazon, Lyft, or Uber, the challenges he faces when countries or people view some kinds of transactions as “repugnant” or morally unacceptable, and the reasons why San Francisco's school district (unlike Boston's or New York's) chose not to implement the un-gameable school choice plan his team devised for them. Host Peter Lorentzen is an Associate Professor in the Department of Economics at the University of San Francisco, where he leads a new digital economy-focused Master's program in Applied Economics. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In Who Gets What — and Why: The New Economics of Matchmaking and Market Design (Mariner Books, 2015), Nobel Memorial Prize Winner Alvin Roth explains his pioneering work in the study of matching markets such as kidney exchange, marriage, job placements for new doctors and new professors, and enrollments in schools or colleges. In these markets, “buyers” and “sellers” must each chose the other, and getting the prices right is only a small part of what makes for a successful transaction, if cash is even involved at all. Roth's work has led the way in taking microeconomics outside the halls of academic theory to become a practical “engineering” tool for policymakers and businesses. In our interview, we range far beyond the examples from the book to discuss the implications of his work for the design of tech's market-making “platform” businesses like Airbnb, Amazon, Lyft, or Uber, the challenges he faces when countries or people view some kinds of transactions as “repugnant” or morally unacceptable, and the reasons why San Francisco's school district (unlike Boston's or New York's) chose not to implement the un-gameable school choice plan his team devised for them. Host Peter Lorentzen is an Associate Professor in the Department of Economics at the University of San Francisco, where he leads a new digital economy-focused Master's program in Applied Economics. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance

In Who Gets What — and Why: The New Economics of Matchmaking and Market Design (Mariner Books, 2015), Nobel Memorial Prize Winner Alvin Roth explains his pioneering work in the study of matching markets such as kidney exchange, marriage, job placements for new doctors and new professors, and enrollments in schools or colleges. In these markets, “buyers” and “sellers” must each chose the other, and getting the prices right is only a small part of what makes for a successful transaction, if cash is even involved at all. Roth's work has led the way in taking microeconomics outside the halls of academic theory to become a practical “engineering” tool for policymakers and businesses. In our interview, we range far beyond the examples from the book to discuss the implications of his work for the design of tech's market-making “platform” businesses like Airbnb, Amazon, Lyft, or Uber, the challenges he faces when countries or people view some kinds of transactions as “repugnant” or morally unacceptable, and the reasons why San Francisco's school district (unlike Boston's or New York's) chose not to implement the un-gameable school choice plan his team devised for them. Host Peter Lorentzen is an Associate Professor in the Department of Economics at the University of San Francisco, where he leads a new digital economy-focused Master's program in Applied Economics. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Compre o livro pelo link e ajude o crescimento do podcast: https://amzn.to/3ymaWwC Inscreva-se no nosso Canal com podcasts exclusivos: https://cutt.ly/RnD8qJc Com uma linguagem acessível e exemplos universais, Alvin Roth explica a ciência que rege os mercados que não utilizam somente dinheiro em suas transações. Tomando como base as pesquisas e projetos que lhe renderam o prêmio Nobel de economia em 2012, Roth é capaz de transformar a complexa teoria de jogos e desenho de mercados em conceitos fáceis de serem compreendidos. Transplantes de órgãos, casamentos, ofertas de emprego e empresas como Amazon, Uber e Airbnb são alguns dos exemplos desmitificados pelo autor. Um livro essencial que ajuda a entender as transformações imprevisíveis que nos cercam e nos prepara para as novas oportunidades de mercado que podem surgir a qualquer momento. --- Support this podcast: https://anchor.fm/elitemicrobooks/support

Kali ini, saya akan memberikan 3 jurus mendapatkan pasangan hidup dari pemenang Nobel 2012, Alvin E. Roth. Hayoo... ayo disimak yaa.

Most of us want to help. But it can be hard to know how to do it, and not all altruistic deeds are equal, and sometimes they can be harmful. Sometimes glitzy charities satisfy the heart of a giver, but fail to deliver results.That's the paradox: motivating people to give often demands glitz, but glitzy causes often don't provide the improvement to people's lives than their less glamorous charity counterparts. GiveWell is a organization that quantitatively evaluates charities by the actions they accomplish. Their current suggestions for effective charities include groups treating malaria, de-worming, and direct cash giving to the poorest people in the world. These effective charities are able to accomplish more with less resources. GiveWell is a part of a philosophical and social movement called Effective Altruism. EA practitioners look for ways to maximize the effect of donations or other charitable acts by quantifying the impacts of giving. This approach has been called “robotic” and “elitist” by at least one critic. In 2014, a post showed up on effectivealtruism.org's forum, written by Thomas Kelly and Josh Morrison. The title sums up their argument well: Kidney donation is a reasonable choice for effective altruists and more should consider it. They lay out the case for helping others through kidney donation. Kidney disease is a huge killer in the United States, with an estimated one in seven adults having the disease (though many are undiagnosed). And those with failing kidneys have generally bad health outcomes, with many dying on the waitlist for an organ they never receive. There's currently about 100,000 people in the country on the kidney donation waitlist. An editorial recently published in the Journal of the American Society of Nephrology estimated that 40,000 Americans die annually waiting for a kidney. The previously mentioned post on the EA forums attempts to calculate all the goods that kidney donation can do, namely adding between six and twenty good years to someone's life. Quantifying the “goodness” of a year is tricky, so EAs (and others) use a metric called “Quality Adjusted Life Years” or QALYs. The post also attempts to calculate the downsides to the donor, namely potential lost wages, potential surgery complications, and a bit of a decrease in total kidney function. The post concludes that kidney donation is a “reasonable” choice. By the EA standards, “reasonable” is pretty high praise; a month or so of suffering to give about a decade of good life to someone else, all with little long term risk to the donor. On this episode, Jeff interviews Dylan Matthews, who donated his kidney back in 2016. His donation was non-directed, meaning he didn't specify a desired recipient. This kind of donation is somewhat rare, comprising only about 3% of all kidney donations. However, non-directed donations are incredibly useful due to the difficulty of matching donors to recipients, since most kidney donors can't match with the people they'd like to give to. When someone needs a kidney transplant, it's usually a family member that steps up. However, organ matching is complicated, much moreso than simple blood-type matching. So, long series of organ trades are arranged between donors and recipients. It's a very complicated math problem that economist Alvin E. Roth figured out, creating an algorithm for matching series of people together for organ transplants (and also matching students to schools and other complex problems). This algorithm is so helpful that it won him a nobel prize.While the problem of matching donors to patients is difficult no matter what, it becomes much easier when a non-directed donor like Dylan can start a chain of donations. Dylan started a donation chain that ultimately transferred four good kidneys to people in need. And since Dylan's donation was non-directed, the final recipient on his chain was someone without a family member to offer a kidney in return—someone who otherwise wouldn't have had a chance to receive a new kidney. Dylan speaks about his kidney donation experience to break down something that he sees as a unhelpful misconception: the perception that organ donors must be somehow unusually saintly. He argues that kidney donation is a normal way to help others, and an option that most can consider.If you're interested in kidney donation, Dylan recommends the National Kidney Registry and Waitlist Zero. Dylan Matthews is a senior correspondent at Vox and the host of the podcast Future Perfect. Jeff found out about Dylan from the podcast Rationally Speaking with Julia Galef. Also on this episode: Beth's looking for help. She's been thinking about some media she consumed as a kid that no else seems to remember or have even heard of. She's tried Googling and checked various message boards, but hasn't had any luck.The first is a movie (or maybe a TV show). In it, a time traveler, who is an older man, travels to the “future” (which at the time of Beth's viewing was the mid-1990s.) The Time Traveler is stranded when his time machine breaks, but he is hopeful and friendly, and he ends up enlisting some neighborhood kids to help him find the parts he needs to repair his time machine. Eventually the kids are caught by their parents, who call the authorities. The police confiscate the time machine and take The Time Traveler into custody. As he's being arrested, the once-jovial Time Traveler is distraught. He cries, “I want to go home, I just want to go home!” over and over.The second is a book. In this book, there's a family of three or so kids, a mom, and a mean step-dad. The mom dies, and the kids are left with their mean step-dad. They grieve, and the step-dad gets meaner. Then there is an alien that gets into their house, possibly crawling down the chimney. The alien gets into one of the closets, and slowly starts taking over the house. The siblings find the alien in the closet and observe it. There is either a beep, or maybe a flashing light, that is beeping/flashing slowly, but gradually starts beeping/flashing more rapidly. They realize the alien doesn't want to hurt them, it just needs to use their house to build a spaceship. The house changes, getting stranger and stranger, and the beeping/flashing gets faster and faster. The kids realize the beep/flash is a timer, and that soon the house will blast off into outer space. Just as the house is about to take off, the siblings lock their mean step-dad in the closet, and he is whisked away in a spaceship that used to be their house.Do either of these sound familiar to you? They both made an impression on Beth, and she'd love to revisit them as an adult to see how her memory holds up.Please call, tweet, or email with any leads. (765)374-5263, @HBMpodcast, and HBMpodcast@gmail.com respectively. Producer: Jeff EmtmanEditor: Bethany DentonMusic: The Black Spot

Most of us want to help.  But it can be hard to know how to do it, and not all altruistic deeds are equal, and sometimes they can be harmful.  Sometimes glitzy charities satisfy the heart of a giver, but fail to deliver results.That’s the paradox: motivating people to give often demands glitz, but glitzy causes often don’t provide the improvement to people’s lives than their less glamorous charity counterparts.  GiveWell is a organization that quantitatively evaluates charities by the actions they accomplish.  Their current suggestions for effective charities include groups treating malaria, de-worming, and direct cash giving to the poorest people in the world.  These effective charities are able to accomplish more with less resources. GiveWell is a part of a philosophical and social movement called Effective Altruism.  EA practitioners look for ways to maximize the effect of donations or other charitable acts by quantifying the impacts of giving.  This approach has been called “robotic” and “elitist” by at least one critic. In 2014, a post showed up on effectivealtruism.org’s forum, written by Thomas Kelly and Josh Morrison.  The title sums up their argument well: Kidney donation is a reasonable choice for effective altruists and more should consider it. They lay out the case for helping others through kidney donation.  Kidney disease is a huge killer in the United States, with an estimated one in seven adults having the disease (though many are undiagnosed).  And those with failing kidneys have generally bad health outcomes, with many dying on the waitlist for an organ they never receive.  There’s currently about 100,000 people in the country on the kidney donation waitlist.  An editorial recently published in the Journal of the American Society of Nephrology estimated that 40,000 Americans die annually waiting for a kidney. The previously mentioned post on the EA forums attempts to calculate all the goods that kidney donation can do, namely adding between six and twenty good years to someone’s life.  Quantifying the “goodness” of a year is tricky, so EAs (and others) use a metric called “Quality Adjusted Life Years” or QALYs. The post also attempts to calculate the downsides to the donor, namely potential lost wages, potential surgery complications, and a bit of a decrease in total kidney function.  The post concludes that kidney donation is a “reasonable” choice.  By the EA standards, “reasonable” is pretty high praise; a month or so of suffering to give about a decade of good life to someone else, all with little long term risk to the donor.  On this episode, Jeff interviews Dylan Matthews, who donated his kidney back in 2016.  His donation was non-directed, meaning he didn’t specify a desired recipient.  This kind of donation is somewhat rare, comprising only about 3% of all kidney donations.  However, non-directed donations are incredibly useful due to the difficulty of matching donors to recipients, since most kidney donors can’t match with the people they’d like to give to. When someone needs a kidney transplant, it’s usually a family member that steps up.  However, organ matching is complicated, much moreso than simple blood-type matching.  So, long series of organ trades are arranged between donors and recipients.  It’s a very complicated math problem that economist Alvin E. Roth figured out, creating an algorithm for matching series of people together for organ transplants (and also matching students to schools and other complex problems).  This algorithm is so helpful that it won him a nobel prize.While the problem of matching donors to patients is difficult no matter what, it becomes much easier when a non-directed donor like Dylan can start a chain of donations.  Dylan started a donation chain that ultimately transferred four good kidneys to people in need.  And since Dylan’s donation was non-directed, the final recipient on his chain was someone without a family member to offer a kidney in return—someone who otherwise wouldn’t have had a chance to receive a new kidney. Dylan speaks about his kidney donation experience to break down something that he sees as a unhelpful misconception: the perception that organ donors must be somehow unusually saintly.  He argues that kidney donation is a normal way to help others, and an option that most can consider.If you’re interested in kidney donation, Dylan recommends the National Kidney Registry and Waitlist Zero. Dylan Matthews is a senior correspondent at Vox and the host of the podcast Future Perfect.  Jeff found out about Dylan from the podcast Rationally Speaking with Julia Galef. Also on this episode: Beth’s looking for help. She’s been thinking about some media she consumed as a kid that no else seems to remember or have even heard of. She’s tried Googling and checked various message boards, but hasn’t had any luck.The first is a movie (or maybe a TV show). In it, a time traveler, who is an older man, travels to the “future” (which at the time of Beth’s viewing was the mid-1990s.) The Time Traveler is stranded when his time machine breaks, but he is hopeful and friendly, and he ends up enlisting some neighborhood kids to help him find the parts he needs to repair his time machine. Eventually the kids are caught by their parents, who call the authorities. The police confiscate the time machine and take The Time Traveler into custody. As he’s being arrested, the once-jovial Time Traveler is distraught. He cries, “I want to go home, I just want to go home!” over and over.The second is a book. In this book, there’s a family of three or so kids, a mom, and a mean step-dad. The mom dies, and the kids are left with their mean step-dad. They grieve, and the step-dad gets meaner. Then there is an alien that gets into their house, possibly crawling down the chimney. The alien gets into one of the closets, and slowly starts taking over the house. The siblings find the alien in the closet and observe it. There is either a beep, or maybe a flashing light, that is beeping/flashing slowly, but gradually starts beeping/flashing more rapidly. They realize the alien doesn’t want to hurt them, it just needs to use their house to build a spaceship.  The house changes, getting stranger and stranger, and the beeping/flashing gets faster and faster. The kids realize the beep/flash is a timer, and that soon the house will blast off into outer space. Just as the house is about to take off, the siblings lock their mean step-dad in the closet, and he is whisked away in a spaceship that used to be their house.Do either of these sound familiar to you? They both made an impression on Beth, and she’d love to revisit them as an adult to see how her memory holds up.Please call, tweet, or email with any leads.  (765)374-5263, @HBMpodcast, and HBMpodcast@gmail.com respectively. Producer: Jeff EmtmanEditor: Bethany DentonMusic: The Black Spot

On March 9, the American Academy in Berlin co-hosted an event with ESMT and Siedler Verlag: Nobel laureate and Academy distinguished visitor Alvin E. Roth introduced his new book "Wer Kriegt Was und Warum? Bildung, Jobs und Partnerwahl: Wie Märkte Funktionieren" (Siedler Verlag 2016). Roth spoke with the American Academy's Cristina Gonzalez about matching markets and how market design might aid, among many other things, in the resettlement of refugees in Europe.

Jason ushers us into this episode by taking us through Julie Malinowski's article “6 Trends Among Landlords and Tips to Outperform the Norm”. He also reminds us there are a few tickets left to the upcoming Meet the Masters event and about the upcoming Venture Alliance Mastermind in Dubai.   In today's guest interview, Alvin E. Roth has written a book about markets. If you are wondering what type of market, as Mr. Roth tells us himself, it's not important what type of market. It's the market itself. He guides us through the interview discussing chapters of his book, “Who Gets What and Why” with real life examples of the organ donation market, the online matchmaking market and even shares his thoughts on how realtors have survived in our internet-based, do it yourself economy.   Key Takeaways:   Jason's Editorial: [2:42] Does ISIS really make over 1 Billion dollars a year? [3:50] Gino from Cozy will be speaking at Meet the Masters [4:44] Getting ripped off [7:45] Julie Malinowski's article about 6 important property management trends and tips [19:28] The 17th Meet the Masters event is coming up and there are a few tickets left [20:35] Join the Venture Alliance Mastermind group during February in Dubai   Alvin E. Roth Guest Interview:   [21:56] The rules of a marketplace constitutes its design [25:15] Alvin Roth analyzes the surprising U.S. real estate market [28:30] Give realtors the 6% they deserve? [33:10] Matching markets allow you to choose and to be chosen without pricing [34:30] The matching market of organ donations i.e., kidney exchanges [37:51] What rules should apply to repugnant transactions [42:40] The government both interferes and supports all types of contracts [45:19] “Who Gets What and Why” can be used as a field guide to markets [46:28] How to understand signals of interest [47:46] The matchmaking market signal experiment [50:34] Contact information for Alvin Roth   Mentions: JasonHartman.com Venture Alliance Mastermind EZ Landlord Forms 6 Trends Among Landlords and Tips to Outperform the Norm Who Gets What and Why Redfin Living Kidney Donors Network Match

Today's guest, Alvin E. Roth, has written a book about markets. If you are wondering what type of market - as Mr. Roth tells us himself - it's not important what type of market. It's the market itself. He guides us through the interview discussing chapters of his book, Who Gets What – and Why, with real life examples of the organ donation market and the online matchmaking market. He even shares his thoughts on how realtors have survived in our internet-based, do-it-yourself economy.   Key Takeaways: [2:15] The rules of a marketplace constitute its design [5:34] Alvin Roth analyzes the surprising U.S. real estate market [9:48] Give realtors the 6% they deserve? [13:33] Matching markets allow you to choose and be chosen [15:59] The market of donating organs [18:10] What rules should apply to repugnant transactions [21:55] The government both interferes and supports all types of contracts [25:35] Who Gets What – and Why can be used as a field guide to markets [26:44] How to understand signals of interest [27:58] The matchmaking market signal experiment [30:52] Contact information for Alvin Roth   Mentions: Hartman Media Who Gets What and Why Redfin Living Kidney Donors Network Match

Alvin E. Roth is the Craig and Susan McCaw Professor of Economics at Stanford University. He is also the Gund Professor of Economics and Business Administration Emeritus at Harvard University. Professor Roth has made significant contributions to the fields of game theory, experimental economics and market design and is known for his emphasis on applying economic theory to solutions for "real-world" problems. In 2012, Alvin won the Nobel Memorial Prize in Economic Sciences jointly with Lloyd Shapley "for the theory of stable allocations and the practice of market design” Alvin has a B.S form Columbia University,  and earned his MS and Ph.D. from Stanford University. Alvin’s latest book Who Gets What and Why: The New Economics of Matchmaking and Market Design is now available on Amazon. In this episode you will learn: what economics is and if we need money to allow a market to operate efficiently. about the price discovery process in economics. what is match-making markets and how similar the labor market is to the dating market. what is market design and why it is important. how entrepreneurs and start-ups, like Airbnb and Uber, use market failure to solve a problem. what is a repugnant market. the difference between a thick and a thin market. what makes a market thick. about the black market for kidneys. how kidney exchange works. and much more. Subscribe to the Economic Rockstar podcast on iTunes and never miss an episode. Check out the shownotes and links mentioned in this episode at www.economicrockstar.com/alvin-roth

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.  Our guest this week, 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. Alvin is the Craig and Susan McCaw Professor of Economics at Stanford University. He is also the Gund Professor of Economics and Business Administration Emeritus at Harvard University. He works in the areas of game theory, experimental economics and market design. He is also the author of the fantastic new book, Who Gets What — and Why: The New Economics of Matchmaking and Market Design, and in 2012 he won the Nobel Prize in Economic Sciences "for the theory of stable allocations and the practice of market design" ...whatever that means. ____ "Markets are what people do. It's how we get along with each other. When you're not alone and you're interacting with other people there is a good chance you're engaged in some kind of marketplace." - Alvin Roth Quotes from Alvin: What we learn in this episode: What is the true definition of a market? What are matching markets and what are some examples? What is a repugnant transaction? What's a great trick to increase your chances of being accepted to the college of your choice? Resources: Who Gets What — and Why: The New Economics of Matchmaking and Market Design http://marketdesigner.blogspot.com/ http://web.stanford.edu/~alroth/ -- This episode is brought to you by: Animoto: Visit Animoto.com/smartpeople and use promo code “SMARTPEOPLE” to get 15% off to receive 15% off an Annual Pro subscription! Lynda.com: Do something good for yourself in 2015 and sign up for a FREE 10-day trial to Lynda.com by visiting Lynda.com/smartpeople.

La búsqueda de las mejores opciones posibles para encontrar un entendimiento estable entre la oferta y la demanda permitió a Alvin E. Roth y Lloyd S. Shapley, galardonados con el Premio Nobel de Economía 2012, desarrollar nuevas fórmulas que han encontrado aplicación en el mundo cotidiano de las relaciones sociales. La elección de mejor pareja para lograr un matrimonio estable, la óptima relación entre estudiantes de medicina y los hospitales en los que trabajarán como médicos o la mejor estrategia para acoplar las necesidades de los enfermos que reciben el trasplante de riñón y sus posibles donantes son situaciones en las que los trabajos de Roth y Shapley han permitido alcanzar soluciones estables y duraderas.