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Video about nobel prize economics speed dating:

The Economics of Dating: How Game Theory and Demographics Explain Dating in D.C. (Jon Birger)




Nobel prize economics speed dating

Nobel prize economics speed dating


The process of matching doctors or students is a little more complex than matching romantic partners since hospitals and schools — unlike most couples — accept many proposals. At some point in time, the economics profession decided it was going to create a job market unlike any other. Those are the commodity markets. So college admissions is a matching market. But lots of places have to sort among many, many applicants. There should be no two people who prefer each other to the partners they actually got. One of the ways we usually think about markets is in terms of the market for, say, crude oil or Apple stock. Matching can be used for lots of things: But most speed daters would be surprised to learn that the concept was based on academic work by an economist and a mathematician who have been honoured for their pioneering work with the Nobel prize for economics. Roth estimates his work has resulted in roughly 4, kidney transplants that might never had happened if not for the system he worked to build. But as is often the case with basic research, it ended up having applications in practical and important ways. You may also like.

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Nobel prize economics speed dating. Episode 769: Speed Dating For Economists.

Nobel prize economics speed dating


The process of matching doctors or students is a little more complex than matching romantic partners since hospitals and schools — unlike most couples — accept many proposals. At some point in time, the economics profession decided it was going to create a job market unlike any other. Those are the commodity markets. So college admissions is a matching market. But lots of places have to sort among many, many applicants. There should be no two people who prefer each other to the partners they actually got. One of the ways we usually think about markets is in terms of the market for, say, crude oil or Apple stock. Matching can be used for lots of things: But most speed daters would be surprised to learn that the concept was based on academic work by an economist and a mathematician who have been honoured for their pioneering work with the Nobel prize for economics. Roth estimates his work has resulted in roughly 4, kidney transplants that might never had happened if not for the system he worked to build. But as is often the case with basic research, it ended up having applications in practical and important ways. You may also like.

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    It started in Massachusetts in The work is said by other economists to have saved lives.

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