Sure, markets generally work well. But for some transactions — like school admissions and organ transplants — money alone can’t solve the problem. That’s when you need a market-design wizard like Al Roth. To find out more, check out the podcast from which this hour was drawn: “Make Me a Match.”
Season 5, Episode 44 This week on Freakonomics Radio, how to win a Nobel Prize. Host Stephen Dubner talks with Per Stromberg, one of the people who choose the winner of the Nobel Prize in Economics. And we learn as many of his secrets as we can pry out of him. Then, what happens after you win the coveted Nobel Prize? First, . . .
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