Podcast appearances and mentions of lloyd shapley

A kidney transplant does not work like buying a gallon of milk. Neither does hiring or getting into a medical residency. In these markets, both sides care deeply about who they end up with, and a good outcome depends on more than money. Alvin Roth has spent his career studying what makes those systems succeed or fail. His work designing kidney exchange programs showed that even when people desperately want to help each other, the market can still break down unless the rules create the right kind of match. In this episode, Dart and Al discuss matching markets, moral economics, and the hidden rules that shape opportunity, fairness, and work itself.Alvin Roth is an economist and professor at Stanford University best known for his work on market design and matching theory. He received the 2012 Nobel Prize in Economic Sciences for his work on stable matching and the design of markets used in medical residencies, school choice, and kidney exchange.In this episode, Dart and Al discuss:- Why some markets depend on matching- Why fit matters more than money- What makes a market stable- Why real markets are messy- The difference between theory and engineering- What “repugnant transactions” are- Why societies ban some exchanges- How social norms shape markets- Why work is also a matching problem- And other topics…Alvin Roth is the Craig and Susan McCaw Professor of Economics at Stanford University and recipient of the 2012 Nobel Memorial Prize in Economic Sciences, awarded with Lloyd Shapley for the theory of stable allocations and the practice of market design. His work has helped design matching systems for medical residencies, public school admissions, and kidney exchange programs. He is the author of Who Gets What — and Why and Moral Economics: Why Good and Bad Markets Exist.Resources Mentioned:Al's Book, Moral Economics: Why Good and Bad Markets Exist: https://www.amazon.com/Moral-Economics-Good-Markets-Exist/dp/1324076445Al's Book, Who Gets What — and Why: https://www.amazon.com/Who-Gets-What-Why-Matchmaking/dp/0544705299Connect with Al:Stanford profile: https://profiles.stanford.edu/alvin-rothMarket Design Blog: https://marketdesigner.blogspot.com/Work with Dart:Dart is the CEO and co-founder of the work design firm 11fold. Build work that makes employees feel alive, connected to their work, and focused on what's most important to the business. Book a call at 11fold.com.

Economic markets are efficient ways of deciding fair prices, at least in ideal circumstances of perfect competition, information, and choice. But there is more to life than fair prices. Two people might decide on a fair price to carry out a contract killing, but society generally frowns on the idea. Many examples of morally contestable markets feature less consensus than that one: sex work, drugs, selling organs, adopting children. In his new book Moral Economics, economist Alvin Roth investigates how we should reason through such tricky cases, and what we can learn from them. Get twenty percent off your first purchase at Fast Growing Trees when using the code MINDSCAPE at checkout. Mindscape listeners get free shipping and 365-day returns on clothing from Quince. Blog post with transcript: https://www.preposterousuniverse.com/podcast/2026/05/11/353-alvin-roth-on-the-economics-of-morally-contested-markets/ Support Mindscape on Patreon. Alvin Roth received his Ph.D. in operations research from Stanford University. He is currently the Craig and Susan McCaw Professor of Economics at Stanford University and the Gund Professor of Economics and Business Administration Emeritus at Harvard. He was President of the American Economic Association in 2017. He and Lloyd Shapley shared the 2012 Nobel Prize in Economics for "the theory of stable allocations and the practice of market design." Stanford web page Google Scholar publications Amazon author page Wikipedia

Content note: this episode discusses assisted dying, end-of-life choices, and suicide. Some listeners may find the content distressing.In April 2024, Daniel Kahneman — one of the most influential psychologists of the twentieth century — emailed his close friends to say goodbye. He was 90 years old, his kidneys were failing, his mental lapses were increasing, and he had decided it was time to go. He flew to Switzerland to end his life at an assisted dying clinic there, because New York, where he lived, did not permit it. Thirteen American states currently allow medical assistance in dying; most require a terminal diagnosis with death expected within six months. Canada, Belgium, and Switzerland allow it on broader terms. The UK introduced a bill to parliament, but it failed to pass. The debate on whether we have the right to end our own lives has not been resolved. This week Tim Phillips talks to Al Roth of Stanford University about how economics can contribute to the debate on medical aid in dying (MAID). Roth, a Nobel Prize laureate, has written a new book that argues this, and similar debates, often miss the key insight: the binary choice of “allow” versus “ban” rarely reflects reality. For example, in the United States, he explains that physicians in jurisdictions where assisted dying is illegal are familiar with the practice of administering doses of drugs that will relieve pain, but also end life. Roth's argument is not that assisted dying is always right. It is that a moral position that ignores the costs of a ban is not more ethical — it is less honest. Economists, he says, bring one specific thing to this debate: the insistence that trade-offs be made explicit.The book discussed in this episode:Roth, Alvin E. 2026. Moral Economics: What Controversial Transactions Reveal about How Markets Work. Basic Books. Published 21 May 2026.To cite this episode:Phillips, Tim, and Alvin Roth. 2026. “The right to choose to die." VoxTalks Economics (podcast).Assign this as extra listening. The citation above is formatted and ready for a reading list or VLE.About the guestAlvin Roth is the Craig and Susan McCaw Professor of Economics at Stanford University. He was awarded the Nobel Prize in Economics in 2012, shared with Lloyd Shapley, for the theory of stable allocations and the practice of market design. He is one of the architects of modern matching market design, having redesigned the systems used in the United States to match medical residents to hospitals and students to schools. A previous book, Who Gets What — and Why, was published in 2014. Research cited in this episodeRepugnant transactions is Alvin Roth's term for a class of transactions that are controversial not because no one wants to engage in them — that would be disgust — but because some people do want to engage in them and others believe they should not be allowed to, typically on moral or religious grounds. The key feature is that the objectors suffer no direct externality from the transaction; their objection is to the thing happening at all, regardless of whether it affects them. Roth's examples across the book include medical aid in dying, kidney sales, paid blood plasma donation, surrogacy, and access to certain drugs. The policy implication is that repugnant transactions, unlike ordinary market failures, cannot be resolved by standard economic tools; they require explicit engagement with the moral contest and careful mechanism design to decide what is permitted, to whom, under what conditions.Oregon's Death with Dignity Act (1997) was the first US state law permitting physician-assisted dying. It requires a terminal diagnosis with death expected within six months, confirmation from two physicians, a waiting period, and self-administration of the medication by the patient. According to the 2024 report of the Oregon Health Authority, assisted dying accounts for roughly 0.9% of all deaths in Oregon; many patients who obtain a prescription never use it. Oregon's 27 years of data make it the most-studied model for the policy, and its take-up rates and population demographics have informed both advocates and critics in other jurisdictions.Ezekiel Emanuel and vulnerable populations: A 2016 paper by physician and bioethicist Ezekiel Emanuel and co-authors examined the demographics of patients who access assisted dying in jurisdictions where it is legal and found no evidence that vulnerable populations — defined by disability, age, mental illness, or socioeconomic status — accessed it at higher rates than the broader population of dying patients. Roth cites this as evidence against the argument that legalisation creates pressure on the vulnerable to choose death, while noting that this population-level finding does not rule out individual cases of pressure.The Hippocratic Oath is the earliest recorded professional commitment by physicians not to participate in assisted dying. Roth notes that Hippocrates formulated the oath in the fifth century CE, and that the very inclusion of a prohibition on helping patients die implies the practice was already occurring — physicians were being asked to do it. The religious objection — that decisions about life and death belong to God — and the medical objection — that a physician's role is to save life, not end it — have both been consistent features of opposition to assisted dying across more than two millennia.The Canadian Supreme Court decision (Carter v. Canada, 2015) struck down Canada's criminal prohibition on physician-assisted dying on the grounds that it infringed Canadians' constitutional rights to life and to security of the person. The court's reasoning included the counterintuitive argument that denying access to assisted dying could cause people to end their lives earlier and less safely — while still capable of doing so — out of fear of being unable to later. The Canadian framework that followed is more permissive than US state laws: it does not require a terminal diagnosis but instead an irremediable condition causing intolerable suffering. Canada has since debated, and repeatedly delayed, extending the framework to mental illness as a sole underlying condition.Mechanism design is the field of economics concerned with designing rules, institutions, and processes to achieve desired outcomes, particularly in settings where participants have private information or conflicting interests. Roth is one of its leading practitioners. In the context of assisted dying, mechanism design asks: who can apply, through what process, verified by whom, with what waiting periods, and with what safeguards against coercion or mistaken diagnosis? The differences between Oregon's model (terminal diagnosis, self-administration, annual reporting), Canada's model (irremediable suffering, physician or nurse practitioner administration permitted), and Switzerland's model (available to non-residents) are, in Roth's framing, different mechanism designs with measurably different outcomes.More VoxTalks Economics episodesIn February, Tim spoke to Martin Ellison and Julian Ashwin about what decisions seniors will take about their later years and whether policy can accommodate both their abilities and their needs. Listen to The Economic Consequences of Living Longer. 

12 Tháng 3 Là Ngày Gì? Hôm Nay Là Ngày Sinh Của Triệu Vy SỰ KIỆN 1967 – Suharto đoạt lấy quyền lực từ Sukarno, trở thành quyền Tổng thống của Indonesia, ông nắm giữ chức vụ tổng thống cho đến năm 1998. 1922 – Armenia, Gruzia và Azerbaijan hợp nhất thành Cộng hòa Xã hội chủ nghĩa Xô viết Liên bang Ngoại Kavkaz, tham gia sáng lập Liên Xô vào tháng 12 cùng năm. 1894 – Sản phẩm nước ngọt có ga Coca-Cola được đóng chai và bán đầu tiên ở Vicksburg, Mississippi, Hoa Kỳ. 1918 - Moscow lại trở thành thủ đô của Nga thay thế cho thủ đô cũ Saint Petersburg được thành lập từ năm 1713. 2020 - Hoa Kỳ tạm ngừng nhập cảnh khách du lịch châu Âu do đại dịch COVID-19 . 1913 – Thủ đô tương của Úc chính thức được đặt tên là Canberra Ngày lễ và kỷ niệm Ngày thế giới chống kiểm duyệt mạng Sinh 1984 - Jaimie Alexander, nữ diễn viên người Mỹ 1976 - Triệu Vy, nữ diễn viên, ca sĩ, đạo diễn người Trung Quốc 1824 - Gustav Kirchhoff, nhà vật lý người Đức (m. 1887) Mất 1925 - Tôn Dật Tiên, nhà cánh mạng, chính khách người Trung Quốc (s. 1866) 1929 - Asa Griggs Candler, là một doanh nhân trùm tư bản người Mỹ với khối tài sản kiếm được từ việc kinh doanh Coca-Cola. (s. 1851) 2016 - Lloyd Shapley , nhà toán học và kinh tế học người Mỹ, người đoạt giải Nobel (sinh năm 1923) [341] Chương trình "Hôm nay ngày gì" hiện đã có mặt trên Youtube, Facebook và Spotify: Facebook: https://www.facebook.com/aweektv - Youtube: https://www.youtube.com/c/AWeekTV - Spotify: https://open.spotify.com/show/6rC4CgZNV6tJpX2RIcbK0J - Apple Podcast: https://podcasts.apple.com/.../h%C3%B4m-nay.../id1586073418 #aweektv #12thang3 #trieuvy #JaimieAlexander #GustavKirchhoff #Canberra #Moscow Các video đều thuộc quyền sở hữu của Adwell jsc (adwell.vn), mọi hành động sử dụng lại nội dung của chúng tôi đều không được phép. --- Send in a voice message: https://anchor.fm/aweek-tv/message

In this episode, I talk to Alvin Roth of Stanford University about market design and game theory. We delve into topics like market structures, market failures, game theory applications, and more! Check out the episode to learn about market design and game theory in a simplified way! Alvin Roth is the Craig and Susan McCaw Professor of Economics at Stanford University. He specializes in market design, game theory, and behavioral and experimental economics. In addition to being a professor, he was the President of the American Economics Association in 2017. In 2012, he won the Nobel Memorial Prize in Economic Sciences jointly with Lloyd Shapley for the theory of stable allocations and the practice of market design. Before teaching at Stanford, Alvin taught economics at Harvard, where he now holds emeritus status. He is the author of Who Gets What and Why, which is linked below. Alvin received his undergraduate degree from Columbia University in Operations Research and both his master’s and doctorate degrees from Stanford, both in Operations Research. Follow Stanford University on Twitter here! Follow StreetFins on Twitter, Instagram, and Facebook here, and follow me on Twitter @rohaninvest! Find and subscribe to Finance Simplified on Apple Podcasts, Google Podcasts, and Spotify! Alvin’s Book: Who Gets What ― and Why: The New Economics of Matchmaking and Market Design (2015) Want to learn more? Check out some StreetFins articles relating to topics mentioned in the episode: Intro to Economics Intro To Microeconomics

Al Roth on Matching Markets   The system that runs the ride-sharing company Uber doesn’t just link up passengers and drivers based on price. It also has to connect the two based largely on where they are geographically. It is, says Nobel laureate Stanford economist Alvin E. “Al” Al Roth, a matching market. In this Social Science Bites podcast, Roth explains to interview David Edmonds some of the ins and outs of market matching, starting with a quick and surprisingly simple definition. “A matching market is a market in which prices don’t so all the work,” Roth details, “So matching markets are markets in which you can’t just choose what you want even if you can afford it – you also have to be chosen.” But while the definition is simple, creating a model for these markets is a tad more complex, as Roth shows in offering a few more examples and contrasting them with commodity markets. “Labor markets are matching markets. You can’t just decide to work for Google – you have to be hired. And Google can’t just decide that you’ll work for them – they have to make you an offer.” And like say university admission, matching markets require something to intervene, whether it be institutions or technology, to make this exchange succeed. In turn Roth himself helped engineer some high profile matches in areas where the term ‘market might not traditionally have been used: kidney donors with the sick, doctors with their first jobs, or students and teachers with schools. Or even the classic idea of ‘matchmaking’ – marriage. Roth turned to game theory to help explain and understand these markets, and his work won he and Lloyd Shapley the 2012 Nobel Memorial Prize in Economic Sciences. As the Nobel Committee outlined: "Lloyd Shapley studied different matching methods theoretically and, beginning in the 1980s, Alvin Roth used Lloyd Shapley's theoretical results to explain how markets function in practice. Through empirical studies and lab experiments, Alvin Roth demonstrated that stability was critical to successful matching methods." Roth is currently president of the American Economics Association, and sits as 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  

Nobel-prize-winning economist Alvin Roth explores the markets that shape our lives, particularly our work, our health care and our schools. He also explains how key technologies enable companies like Uber, Airbnb, and Google to thrive. His insights extend beyond products, services, and features to include how successful companies attract and hire the most talented employees. Alvin Roth is a Stanford University Professor, and bestselling author of Who Gets What - and Why: The New Economics of Matchmaking and Market Design. In this episode you will learn: how one phone call and a pivotal decision ultimately led to a Nobel Prize the important differences between markets the role of markets when it comes to marriage, loans, and more the role of social support in markets the ways the Internet and mobile technology shape market possibilities the three key factors that influence the success of companies like Airbnb and Uber the ways Smartphones are influencing markets how labor market findings influenced the market designs of today what game theory can teach us about getting into college and getting a job how market designers are applying their skills to the growing global refugee crisis Alvin also shares what got him interested in the economics of market design and the potential this new field holds for helping us rethink what markets are and can do. Links to Topics Mentioned in this Podcast Bob Beran National Resident Matching Program   Operations research   Roth-Peranson Algorithm Elliott Peranson United Network for Organ Sharing (UNOS) School Choice Programs Black Market Repugnant Markets   Lloyd Shapley David Gale The Sveriges Riksbank Prize in Economic Sciences 1962 paper of Lloyd Shapley and David Gale Stable Matching (or Marriage) Problem (SMP) Game Theory Parag A. Pathak Atila Abdulkadiroglu If you enjoyed the podcast, please rate and review it on iTunes. For automatic delivery of new episodes, be sure to subscribe. Thanks for listening! Thank you to Emmy-award-winning Creative Director Vanida Vae for designing the Curious Minds logo! @GAllenTC www.gayleallen.net LinkedIn

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