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| Alvin E. Roth |
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| Lloyd S. Shapley |
Great choices. Al Roth for matching and the design of new types of
markets. Lloyd Shapley for fundamental contributions to game theory and
mathematical economics including the Gale-Shapley algorithm
which is a cornerstone of the matching methods Al Roth pioneered. I am
especially pleased about this because of Roth’s great work on improving kidney allocation. Here is Roth’s blog, Market Design and here he is giving a talk at Google. Here is what I wrote in 2010 about Roth
Roth has applied heavy-duty theory to the very practical problems of matching doctors to residency programs, children to schools, economists to departments and kidneys to patients in a way that is stable, incentive-compatible, and maximizes the gains from exchange. In my view, Roth is the most influential economist working today. Influential among other economists? Yes. But what I really mean is influential in the world.
Previous posts on MR about Roth (also here). Roth’s papers.
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