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Nobel laureate Alvin Roth: “Improving Organ Donation by Market Design“

APR . 02 2013

Peking University, Mar. 31, 2013: Professor Alvin E. Roth, 2012 Nobel Prize laureate in Economic Sciences, delivered a speech themed "Deceased Organ Donation and Allocation: 3 Experiments in Market Design" at the Guanghua School of Management of Peking University on March 18.

 

In his speech, Professor Roth shared the results of his latest study on organ donation and market design. According to this study, the lack of donor organs is a frequent cause of death worldwide. Considering it, he presented several experiments on how to stimulate people to donate through market design. He was able to show that the incentive mechanisms for organ donation could be improved by making use of these approaches. 

 

Professor Alvin E. Roth

 

After his speech, Professor Roth took questions from the audience and facilitated a discussion how market design could be used to solve current problems in China.

 

Background Info:
Alvin E. Roth
graduated from Columbia University with his first degree in engineering science in 1971 and received a doctorate of operational research at Stanford three years later. He had taught in the University of Illinois at Urbana-Champaign, the University of Pittsburgh, Harvard University and Stanford University. In 2012, Professor Roth won the Nobel Prize in Economic Sciences jointly with Lloyd S. Shapley "for the theory of stable allocations and the practice of market design".

 

Extended Reading:
Deceased Organ Donation and Allocation: 3 Experiments in Market Design

 

Written by: Zhang Ruichen
Edited by: Zhao Xiaowei
Source: PKU News (Chinese)