Click the star to add/remove an item to/from your individual schedule.
You need to be logged in to avail of this functionality.

Accepted Paper:

Synthetic markets and the design of economic institutions  
Juan Pablo Pardo-Guerra (London School of Economics)

Paper long abstract:

What happens when we think of markets as objects of design? In this paper, I address this question by exploring the possibilities offered by the metaphor of "market design." Inspired by work within the homonymous sub-field of economics that creates tailored-made matching devices for solving specific allocation problems, I argue that the concept of market design calls for a fundamental shift in the conceptualization of markets and their relation to society. In exploring this shift, I draw parallels between the economic literature on auction design and discussions about the role of technology in society, focusing in particular on the visions and promises of the burgeoning literature on synthetic biology.

Panel F2
Can markets solve problems?
  Session 1 Thursday 18 September, 2014, -