Economist Finds Best Matches for Students and Schools

Al Roth and Marilda Sotomayor photographed with their 1990 book “Two-Sided Matching,” at the conference Roth and Sotomayor: Twenty Years After, held at Duke University in May, 2010.
(Image credit: Marilda Sotomayor)

This Behind the Scenes article was provided to LiveScience in partnership with the National Science Foundation.

While organ donation is not a category for which economics may first come to mind, the reality is that economic theory has been invaluable to making sure people who need organ transplants can get them. Al Roth is one of the founders and designers of the New England Program for Kidney Exchange, for incompatible patient-donor pairs, and has been deeply involved with the Alliance for Paired Donation, another kidney exchange network.  He is the Gund Professor of Economics and Business Administration in the Department of Economics at Harvard University, and in the Harvard Business School, and he and his students and colleagues are engaged in a new kind of economic engineering called market design, using tools from game theory, experimental and behavioral economics, and computer science.  Roth has also been involved in the reorganization of many of the markets for advanced medical fellowships and helped design the matching system used in New York City to match approximately ninety thousand students to high schools each year—for students entering high school since the fall of 2004—and a similar program for Boston Public Schools. He is also 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. For more on Roth’s work, read an August 2010 profile in Forbes Magazine, and an NSF story about his work on kidney exchange. His web page of Game theory, Experimental economics, and Market Design contains many of his papers and other links, and he also blogs about market design. Below, Roth answers the ScienceLives 10 Questions.

Latest Videos From