Market Design: The Economist as Engineer

February 27, 2014 - 3:30pm to 5:00pm

The University of Pittsburgh Department of Economics proudly presents the 2014 McKay Lecture "Market Design: The Economist as Engineer" by Alvin Roth, Nobel Laureate in Economics.

Market design is an ancient human activity but a relatively new part of economics.  It seeks to understand how the design of markets and marketplaces influences their performance, to use this growing understanding to fix markets when they're broken, and to help to establish markets where they are missing. 

Mr. Roth is the Craig and Susan McCaw Professor of Economics at Standord University and the George Gund Professor of Economics and Business Administration Emeritus at Harvard University.  From 1982 to 1998, he was the Andrew W. Mellon Professor of Economics at Pitt.  He shared the 2012 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

Roth directed the redesign of the National Resident Matching Program, through which 29,000+ doctors a year find their first employment.  He also has helped to reorganize the market for more senior physicians as they pursue subspecialty training. He helped to design the matching systems for students in several large American cities.   He is one of the founders and designers of kidney exchange in the United States, which helps incompatible patient-donor pairs to find lifesaving compatible kidneys for transplantation.

Location and Address

University of Pittsburgh

Frick Fine Arts Building

650 Schenley Drive

Pittsburgh, PA  15260

Directions and Parking Information

on street parking and Soldiers & Sailors Garage