Thursday, October 19, 2017

NBER Market Design Working Group Meeting tomorrow and Saturday

The market design meeting starting tomorrow in Boston includes two "New Directions" sessions, one on Transportation and Market Design and one on Development Economics and Market Design.

Here's the program: Market Design Working Group Meeting
Michael Ostrovsky and Parag A. Pathak, Organizers
October 20-21, 2017

Feldstein Conference Room, 2nd Floor
1050 Massachusetts Avenue
Cambridge, MA
Friday, October 20

9:00 am
Haluk Ergin, University of California at Berkeley
Tayfun Sönmez, Boston College
Utku Unver, Boston College
Efficient and Incentive Compatible Liver Exchange
9:45 am
Nikhil Agarwal, Massachusetts Institute of Technology and NBER
Itai Ashlagi, Stanford University
Michael A. Rees, University of Toledo Medical Center
Paulo J. Somaini, Stanford University and NBER
Daniel C. Waldinger, Massachusetts Institute of Technology
An Empirical Framework for Sequential Assignments: The Allocation of Deceased Donor Kidneys
10:30 am
11:00 am
Eric Budish, University of Chicago and NBER
Robin S. Lee, Harvard University and NBER
Will the Market Fix the Market? A Theory of Stock Market Competition and Innovation
11:45 am
Albert "Pete" Kyle, University of Maryland
Jeongmin Lee, Washington University in St. Louis
Toward a Fully Continuous Exchange
12:30 pm
2:00 pm
Paul Milgrom, Stanford University
Ilya Segal, Stanford University
Deferred-Acceptance Clock Auctions and Radio Spectrum Reallocation
2:45 pm
Lawrence Ausubel, University of Maryland
Christina Aperjis, Power Auctions LLC
Oleg V. Baranov, University of Colorado Boulder
Market Design and the FCC Incentive Auction
3:30 pm
Ulrich Doraszelski, University of Pennsylvania and NBER
Katja Seim, University of Pennsylvania and NBER
Michael Sinkinson, Yale University and NBER
Peichun Wang, University of Pennsylvania
Ownership Concentration and Strategic Supply Reduction
4:15 pm
New Directions: Transportation and Market Design
4:30 pm
Michael Ostrovsky, Stanford University and NBER
Michael Schwarz, Google Research
To Be Announced
5:00 pm
Peter Cramton, University of Maryland
Richard Geddes, Cornell University
Axel Ockenfels, University of Cologne
Markets for Road Use: Eliminating Congestion through Scheduling, Routing, and Real-Time Road Pricing
5:30 pm
Juan Camilo Castillo, Stanford University
Dan Knoepfle, Uber Technologies
Glen Weyl, Microsoft Research
Surge Pricing Solves the Wild Goose Chase (slides)
6:00 pm

Saturday, October 21
8:15 am
Coach Bus leaves Royal Sonesta Hotel for NBER
8:30 am
Continental Breakfast
9:00 am
Parag A. Pathak, Massachusetts Institute of Technology and NBER
Peng Shi, Massachusetts Institute of Technology
How Well Do Structural Demand Models Work? Counterfactual Predictions in School Choice
9:45 am
Georgy Artemov, University of Melbourne
Yeon-Koo Che, Columbia University
Yinghua He, Rice University
Strategic `Mistakes': Implications for Market Design Research
10:30 am
11:00 am
Jacob D. Leshno, Columbia University
Irene Y. Lo, Columbia University
The Cutoff Structure of Top Trading Cycles in School Choice
11:45 am
Esen Onur, CFTC
David Reiffen, CFTC
Lynn Riggs, CFTC
Haoxiang Zhu, Massachusetts Institute of Technology and NBER
Mechanism Selection and Trade Formation on Swap Execution Facilities: Evidence from Index CDS
12:30 pm
2:00 pm
Constantinos Daskalakis, Massachusetts Institute of Technology
Christos H. Papadimitriou, University of California at Berkeley
Christos Tzamos, Microsoft Research
Does Information Revelation Improve Revenue?
2:45 pm
Dirk Bergemann, Yale University
Tibor Heumann, HEC - Montreal
Stephen Morris, Princeton University
Information and Market Power
3:30 pm
New Directions: Development Economics and Market Design
4:00 pm
Jean-François Houde, Cornell University and NBER
Terence R. Johnson, University of Notre Dame
Molly Lipscomb, University of Virginia
Laura A. Schechter, University of Wisconsin, Madison
Using Market Mechanisms to Increase the Take-up of Improved Sanitation in Senegal
4:30 pm
Reshmaan N. Hussam, Yale University
Natalia Rigol, Massachusetts Institute of Technology
Benjamin N. Roth, Massachusetts Institute of Technology
Targeting High Ability Entrepreneurs Using Community Information: Mechanism Design in the Field
5:00 pm
Yusuke Narita, Yale University
Experimental Design as Market Design: Billions of Dollars Worth of Treatment Assignments
5:30 pm

Wednesday, October 18, 2017

Remembering Howard Raiffa

The Negotiation Journal has published some memories of Howard Raiffa, who passed away in July of last year. Here's my contribution:

Some Memories of My Academic Grandfather


I first met Howard shortly after I received my Ph.D. from Stanford University in 1974. Robert B. Wilson, my advisor, had been Howard's student, and so Howard was my academic grandfather. I visited Howard in his office at Harvard Business School and talked with him about my dissertation. I had worked on a generalization of what were called von Neumann-Morgenstern solutions, which were sets of game outcomes, characterized by two properties, internal and external stability. As I recall the discussion, Howard said something like this to me: “If you want to generalize solutions, you have to give up one of those two properties. Which one did you give up?” When I told him I had relaxed the requirement of external stability, he paused and then said, “That's a lot to give up!” I recall thinking that my introduction to Howard had gotten off to a poor start.
I did not see Howard often after that until 1998, when my wife, Emilie, and I moved to Brookline, Massachusetts. We invited Howard and his wife, Estelle, to our Passover Seder, and they were among the last guests to arrive. They explained that they had driven from their home in Belmont to ours in Brookline, seen a line of cars parked outside a house similar to the one we had described, and had gone in and mingled. Only when that family took their seats for the Seder did they discover that they were at the wrong house. And indeed, they knew many more of the guests at our Seder. They became regulars at our Seder until they started spending more time in Arizona.
A distinguished line of academic descendants have followed Howard's lead in seeking what motivates practical behavior. These include Bob Wilson's students Paul Milgrom and Bengt Holmstrom, and a growing number of their students and mine as well. The thriving fields of experimental and behavioral economics and market design testify to Howard's legacy.
Here is the table of contents of the special issue

  1. Special Issue: Celebrating Howard Raiffa's Legacy
    James K. Sebenius and Max H. Bazerman
    Version of Record online: 18 OCT 2017 | DOI: 10.1111/nejo.12209
  2. Prescriptions Based on a Realistic View of Human Behavior (pages 309–315)
    Max H. Bazerman
    Version of Record online: 18 OCT 2017 | DOI: 10.1111/nejo.12189
  3. Conflict Resolution by the Numbers (pages 317–322)
    Carrie Menkel-Meadow
    Version of Record online: 18 OCT 2017 | DOI: 10.1111/nejo.12190
  4. Balancing Analysis and Intuition (pages 323–327)
    Lawrence Susskind
    Version of Record online: 18 OCT 2017 | DOI: 10.1111/nejo.12191
  5. Howard Raiffa and Our Responsibility to Rationality (pages 329–332)
    Richard Zeckhauser
    Version of Record online: 18 OCT 2017 | DOI: 10.1111/nejo.12192
  6. A Short Course from Howard Raiffa (pages 333–335)
    Deborah M. Kolb
    Version of Record online: 18 OCT 2017 | DOI: 10.1111/nejo.12193
  7. Counting and Caring (pages 337–339)
    Lawrence H. Summers
    Version of Record online: 18 OCT 2017 | DOI: 10.1111/nejo.12194
  8. Mr. Positive Sum (pages 355–357)
    William Ury
    Version of Record online: 18 OCT 2017 | DOI: 10.1111/nejo.12198
  9. Tales of a True Mensch (pages 351–354)
    Robert H. Mnookin
    Version of Record online: 18 OCT 2017 | DOI: 10.1111/nejo.12197
  10. Howard Raiffa: Scholar, Leader, Teacher, Mentor, Friend (pages 359–362)
    Ralph L. Keeney
    Version of Record online: 18 OCT 2017 | DOI: 10.1111/nejo.12199
  11. Wisdom in Simplicity (pages 363–365)
    Jared R. Curhan
    Version of Record online: 18 OCT 2017 | DOI: 10.1111/nejo.12200
  12. Bridging Data, Decisions, and Negotiations (pages 367–370)
    Michael Wheeler
    Version of Record online: 18 OCT 2017 | DOI: 10.1111/nejo.12201
  13. Life Is Not Binary (pages 371–372)
    Mary Rowe
    Version of Record online: 18 OCT 2017 | DOI: 10.1111/nejo.12202
  14. Some Memories of My Academic Grandfather (pages 373–374)
    Alvin E. Roth
    Version of Record online: 18 OCT 2017 | DOI: 10.1111/nejo.12203
  15. Asking the Right Questions (pages 375–378)
    Susan G. Hackley
    Version of Record online: 18 OCT 2017 | DOI: 10.1111/nejo.12204