A Review Essay on Alvin Roth’s Who Gets What—and Why

2017 ◽  
Vol 55 (4) ◽  
pp. 1602-1614 ◽  
Author(s):  
Edward L. Glaeser

Alvin Roth's Who Gets What—And Why provides a richly accessible introduction to his pioneering work on market design. Much of economics ignores the institutions that allocate goods, blithely assuming that the mythical Walrasian auctioneer will handle everything perfectly. But markets do fail and Roth details those failures, like the market for law clerks that unravels because clerks and judges commit to each other too quickly. Roth combines theory and pragmatic experience to show how the economist can engineer successful markets. He has even enabled welfare-improving trades in kidney exchanges, where law and social repugnance forbids cash payments. (JEL C78, D47)

2020 ◽  
Vol 58 (2) ◽  
pp. 471-487 ◽  
Author(s):  
David K. Levine

At a time when standards of living have improved more than any time in history, this book makes a proposal for radical change. It is based—loosely—on market design principles. The plan for attacking overlapping ownership is reasonably well thought out. Most of the book, however, proposes to use mechanisms designed for a narrow purpose; to attack real or imagined problems that they are ill—suited to solve. I conclude that while market design has a lot to offer when properly applied, the proposals here are not sufficiently well thought out to constitute a serious plan of action.(JEL D44, D47, D72, D82, P14)


2006 ◽  
Vol 26 (1-2) ◽  
pp. 121-131 ◽  
Author(s):  
Beth Lord ◽  
James Tomlinson
Keyword(s):  

2018 ◽  
Vol 11 (1-2) ◽  
pp. 279-295
Author(s):  
Mohammed Aref

This review essay introduces the work of the Egyptian scientific historian and philosopher Roshdi Rashed, a pioneer in the field of the history of Arab sciences. The article is based on the five volumes he originally wrote in French and later translated into Arabic, which were published by the Centre for Arab Unity Studies and which are now widely acclaimed as a unique effort to unveil the achievements of Arab scientists. The essay reviews this major work, which seems, like Plato’s Republic to have “No Entry for Those Who Have No Knowledge of Mathematics” written on its gate. If you force your way in, even with elementary knowledge of computation, a philosophy will unfold before your eyes, described by the Italian astronomer Galileo Galilei as “written in that great book which ever lies before our eyes—I mean the universe—but we cannot understand it if we do not first learn the language and grasp the symbols, in which it is written. This book is written in the mathematical language, and the symbols are triangles, circles and other geometrical figures, without whose help it is impossible to comprehend a single word of it; without which one wanders in vain through a dark labyrinth.” The essay is a journey through this labyrinth where the history of world mathematics got lost and was chronicled by Rashed in five volumes translated from the French into Arabic. It took him fifteen years to complete.


2019 ◽  
Vol 31 (3) ◽  
pp. 145-150
Author(s):  
Matthew J. Jones
Keyword(s):  

1991 ◽  
Vol 1 (1) ◽  
pp. 119-127
Author(s):  
David Brion Davis
Keyword(s):  

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