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This makes me so happy. Well deserved recipients. Now Tirole just needs to get his prize for his work on platforms and 2-sided markets and I will be fully satis
by zissou 14y ago
This makes me so happy. Well deserved recipients. Now Tirole just needs to get his prize for his work on platforms and 2-sided markets and I will be fully satisfied.
I referenced Al Roth's work on market design in the following comment in a thread on pricing experiments about 2 months ago (https://news.ycombinator.com/item?id=4371892 https://news.ycombinator.com/item?id=4371892), where I also note that Al Roth "is perhaps the most influential market design economist to date." Thanks to the Nobel committee for affirming this for me. :)
My favorite piece by Roth is an article he wrote in 2002 titled "The Economist as Engineer: Game Theory, Experimentation, and Computation as Tools for Design Economists"[1] where he describes a methodology that has clearly been the influence of much of his work on the intersection of economics and computer science in the last decade.
[1] http://kuznets.harvard.edu/~aroth/papers/engineer.pdf http://kuznets.harvard.edu/~aroth/papers/engineer.pdf