---
product_id: 35611751
title: "Who Gets What ― and Why: The New Economics of Matchmaking and Market Design"
brand: "alvin e. roth"
price: "₨9439"
currency: LKR
in_stock: true
reviews_count: 10
url: https://www.desertcart.lk/products/35611751-who-gets-what-and-why-the-new-economics-of-matchmaking
store_origin: LK
region: Sri Lanka
---

# Who Gets What ― and Why: The New Economics of Matchmaking and Market Design

**Brand:** alvin e. roth
**Price:** ₨9439
**Availability:** ✅ In Stock

## Quick Answers

- **What is this?** Who Gets What ― and Why: The New Economics of Matchmaking and Market Design by alvin e. roth
- **How much does it cost?** ₨9439 with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.lk](https://www.desertcart.lk/products/35611751-who-gets-what-and-why-the-new-economics-of-matchmaking)

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- alvin e. roth enthusiasts

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## Description

Who Gets What ― and Why: The New Economics of Matchmaking and Market Design

## Images

![Who Gets What ― and Why: The New Economics of Matchmaking and Market Design - Image 1](https://m.media-amazon.com/images/I/71zeoLOgy3L.jpg)
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## Customer Reviews

### ⭐⭐⭐⭐⭐ 5.0 out of 5 stars







  
  
    Great introduction to market design
  

*by A***N on Reviewed in the United States on July 10, 2015*

Who gets what and why gives the reader an idea about how careful structuring of a market place can lead to great improvements in efficiency.  The field that the author received the nobel prize in has been growing in importance over the last few decades and there is no doubt that design of market places is something policy makers from the macroeconomic down to the microeconomic sphere should care about.  In this book, Alvin Roth goes through examples throughout his career where improving market design has led to better systems for people to live in.  It is clear and interesting.The book is split into 4 parts, the first is titled Markets are everywhere.  The author starts by describing markets and goes through commodity ideas and how standardizing of products leads to markets that are thick.  He discusses how commodity exchanges were set up in the US in Chicago for example and how wheat trades enormous volumes in a standardized fashion.  He discusses the coffee market as well which is a nice little insight.  The author then moves on to discussing the market for kidneys; an exchange he helped to create.  Here is where the reader starts to really get a feel for the work the author has done.  The complexity in coordinating kidney transfers is real and the construction of chains of donors who could trade kidneys amongst them in a mutually dependent way turned out to be able to save many lives.  The author discusses how the kidney exchanges evolved and how improving the mechanisms for exchange was in everyone's interest.The second section is titled Thwarted Desires in which he describes some market failures.  The author starts by discussing how in situations in which there is a first mover advantage, market places can fail as participants try to beat each other in order even though by taking such an action they reduce the amount of information needed to make a decision.  Such coordination failures lead to suboptimal selections by both parties.  The author discusses some of the subject matter of Flash Boys and by that I mean high frequency finance.  He describes why the spending of billions on infrastructure for speed of trading which has no real economic benefits are where markets can also fail.  Speed of markets should not in and of itself be the desire for market design.  The author finally touches upon making markets safe to transact in such that the rules of the market place are adhered to so that people can trust the mechanism of trade.The author moves into the real market designs that are being used by medical and school systems in part 3.  He first discusses how the placement of medical schools was flawed and people were being placed far too early but such an outcome was the inevitable consequence of the issues of part 2 where first mover advantage ruined coordination.  The author discusses surgeons as well as urologists and how the culture of the medical field can impact the required solutions to the failures of a market place.  The author then discusses the school systems in NY and Boston where he had a direct impact on improving.  He discusses the preference list that were being asked of students each year and how the back and forth between students being selected and the city system led to congestion that was inefficient for everyone.  The author also discussed Boston which had different problems.  But in this section the reader gets a sense of how clever design of markets can lead to better outcomes for everyone.The author then gets into some ethical issues like repugnant markets and brings up horsemeat in California as banned due to its repugnancy by the population in California.  The boundaries of what should be eligible for trade are contextual to time and place and things like organs for sale and surrogacy can lead to questions about what broad set of values does the population have and given that what should be allowed to be traded and under what conditions.  Once we know what goods and services we want to be transactable having the best market designs to facilitate will lead to better outcomes for those involved.  The author convinces the leader through the book that market design can be instrumental in efficiency gains.Who gets what and why is very readable and interesting.  Rarely do people talk about market design so its a nice change of pace for a popular economics book.  I think anyone who reads this will have a better idea about some of what economists look at as well as how market design can make a world of difference to the outcomes of the marketplace and free market can mean many different things as markets are not all alike.

### ⭐⭐⭐⭐ 4.0 out of 5 stars







  
  
    Nobel Wisdom in a readable package
  

*by N***R on Reviewed in the United States on June 24, 2015*

A surprinsingly quick, easy read.  Lots of examples and stories that add interest and increase understanding of the topic.  A lot of it is about "matching" markets -- like colleges matching with students or applicants matching with jobs (i.e., they're not commodities and both buyer and seller care who specifically they are transacting with).  Another pervasive example is the matching of kidney donors -- where a system Roth devised is in widespread use.  Also lots of discussion about the ways markets can fail and the ways they can sometimes be fixed.  This is Nobel-prize-winning wisdom, presented at a level and in a format that is understandable to most anyone who's interested.

### ⭐⭐⭐⭐⭐ 5.0 out of 5 stars







  
  
    Short and Succinct but Powerful
  

*by A***R on Reviewed in the United States on July 29, 2024*

A great quick overview of market theory. Mostly digestible and very readable, although a few of the detailed parts could better be explained with a whiteboard or a more formal textbook. Conveys the main points effectively, though. Got me thinking about how common markets are and how important design is in making them functions. Great layman's book for someone intellectually interested in markets.

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*Product available on Desertcart Sri Lanka*
*Store origin: LK*
*Last updated: 2026-03-18*