Show simple item record

dc.contributor.authorRoth, Alvin E.
dc.date.accessioned2017-07-14T19:02:10Z
dc.date.issued2002
dc.identifierQuick submit: 2017-02-09T19:21:44-0500
dc.identifier.citationRoth, Alvin E. 2002. “The Economist as Engineer: Game Theory, Experimentation, and Computation as Tools for Design Economics.” Econometrica 70 (4) (July): 1341–1378. doi:10.1111/1468-0262.00335.en_US
dc.identifier.issn0012-9682en_US
dc.identifier.urihttp://nrs.harvard.edu/urn-3:HUL.InstRepos:33445961
dc.description.abstractEconomists have lately been called upon not only to analyze markets, but to design them. Market design involves a responsibility for detail, a need to deal with all of a market’s complications, not just its principle features. Designers therefore cannot work only with the simple conceptual models used for theoretical insights into the general working of markets. Instead, market design calls for an engineering approach. Drawing primarily on the design of the entry level labor market for American doctors (the National Resident Matching Program), and of the auctions of radio spectrum conducted by the Federal Communications Commission, this paper makes the case that experimental and computational economics are natural complements to game theory in the work of design. The paper also argues that some of the challenges facing both markets involve dealing with related kinds of complementarities, and that this suggests an agenda for future theoretical research.en_US
dc.description.sponsorshipEconomicsen_US
dc.language.isoen_USen_US
dc.publisherThe Econometric Societyen_US
dc.relation.isversionof10.1111/1468-0262.00335en_US
dash.licenseMETA_ONLY
dc.subjectMarket designen_US
dc.subjectgame theoryen_US
dc.subjectexperimental economicsen_US
dc.subjectcomputational economicsen_US
dc.titleThe Economist as Engineer: Game Theory, Experimentation, and Computation as Tools for Design Economicsen_US
dc.typeJournal Articleen_US
dc.date.updated2017-02-10T00:21:45Z
dc.description.versionVersion of Recorden_US
dc.relation.journalEconometricaen_US
dash.depositing.authorRoth, Alvin E.
dash.embargo.until10000-01-01
dc.date.available2002
dc.identifier.doi10.1111/1468-0262.00335*
workflow.legacycommentsmeta.dark publisher version only allowed on personal website.en_US
dash.contributor.affiliatedRoth, Alvin


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record