Brave New World of Market Design

Yeon-Koo Che and Erin Cho
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Erin Cho: The New School for Design

Korean Economic Review, 2011, vol. 27, 33-56

Abstract: Market Design is an emerging field that seeks to provide a practical solution for various resource allocation problems. The current article discusses several issues arising in real-world market design, innovative ideas proposed to overcome those issues, and their applications in areas such as spectrum licenses allocation, Internet sponsored-search advertising, housing allocation, public school placement, kidney exchange, course allocation, and online matchmaking.

Keywords: Market Design; Resource Allocation Problem (search for similar items in EconPapers)
JEL-codes: D02 D04 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (2)

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