THE WARREN CENTER FOR NETWORK & DATA SCIENCES
AT THE UNIVERSITY OF PENNSYLVANIA
INAUGURATION CEREMONY FEATURING A KEYNOTE LECTURE BY
2012 Nobel laureate in Economic Sciences
George Gund Professor of Economics and Business Administration Emeritus at Harvard
Craig and Susan McCaw Professor of Economics at Stanford University
Networks and Algorithms: What Have We Learned from Market Design?
I will give a number of examples of market design, with some particular focus on computer-assisted marketplaces such as the ones being developed to facilitate kidney exchange. Organizing kidney exchange has at its core the development of good algorithms to extract efficiencies in the complex network of compatibilities between recipients and donors, in a way that makes it safe and simple for patients and hospitals to participate.
Roth's research, teaching, and consulting interests are in game theory, experimental economics, and market design. The best known of the markets he has designed (or, in this case, redesigned) is the National Resident Matching Program, through which approximately twenty thousand doctors a year find their first employment as residents at American hospitals. He has recently been involved in the reorganization of the market for Gastroenterology fellows, which started using a clearinghouse in 2006 for positions beginning in 2007. He helped design the high school matching system used in New York City to match approximately ninety thousand students to high schools each year, starting with students entering high school in the Fall of 2004. He helped redesign the matching system used in Boston Public Schools, adopted for students starting school in September 2006. He is one of the founders and designers of the New England Program for Kidney Exchange, for incompatible patient-donor pairs. He is the chair of the American Economic Association's Ad Hoc Committee on the Job Market, which has designed a number of recent changes in the market for new Ph.D. economists. He is a Fellow of the American Academy of Arts and Sciences and the Econometric Society, and has been a Guggenheim and Sloan fellow. He received his Ph.D at Stanford University, and went to Harvard from the University of Pittsburgh, where he was the Andrew Mellon Professor of Economics. He is now back at Stanford.