Al Roth, Market Designer

Al Roth has been doing fascinating work designing matching markets. These include the markets for matching kidney donors and recipients, medical residents to programs, and assigning students to schools. In these markets, small changes in the "rules of the game" can lead to big efficiency gains, and it's not always obvious how to best make those …

The Present and Future of Digital Publishing

Here is what we know about publishing. It is going digital, and that means traditional publishers have to switch their complementors — the term we use to describe firms that do essential things but are not strictly suppliers. Traditional publishers' complementors were printers and distributors. Their new complementors will be whoever can get their digital editions to …