I don't think I could have thought of any place other than Stanford to leave Harvard for. Alvin E. Roth harvardleaveplace Change image and share on social
The simple model of a bridge is great, and you could not build a bridge without understanding it well. But if you're actually building the bridge, you need to know the site. A lot of economics is like that: When prices go up, demand is gonna go down. You can't forget that and run your economy. But it's not the only thing you need to know. Alvin E. Roth bridgebuilddemand share on social
I've always been interested in using mathematics to make the world work better. Alvin E. Roth haveinterestmake Change image and share on social
Market design is about understanding the details of markets in sufficient detail so that we can help fix them when they are broken. Alvin E. Roth breakdesigndetail Change image and share on social
In a paper called 'The Economics of Matching: Stability and Incentives,' I showed that there were not any mechanisms that would always both produce a stable matching and make it completely safe for all firms and workers to reveal their true preferences. Alvin E. Roth callcompletelyeconomics share on social
When you're doing kidney transplants, you have to find out who can exchange kidneys with whom, doing blood tests to make sure it's true. You can't just work on the preliminary data. Then you have to organize the logistics. Alvin E. Roth blooddatumexchange share on social