Who Gets What - And Why: The Hidden World of Matchmaking and Market Design

 
9780007520763: Who Gets What - And Why: The Hidden World of Matchmaking and Market Design

How our lives are shaped not only by the choices we make, but by the choices we have. Insights into the most important decisions you’ll ever make, from a Nobel Prize winner.

In many parts of life – jobs, housing, medical care, education, even a date on the internet – price is not the only determinant of who gets what. So how do the other processes that influence who gets which goods, jobs, university places and partners really work?

In ‘Who Gets What’, Nobel Prize winning economist Alvin Roth uncovers the global rules of how markets allocate, how matchmaking shapes lives, where markets exist that we may not even realise, and how everything about our biggest experiences – from getting accepted at university or living where we want – can be better understood and negotiated when one understands the design of those matching markets. The distribution of rewards is often unfair, but it’s seldom as random as it seems, and Roth reveals just how much of our life takes place in marketplaces, and leads us to a new understanding of who gets what and why.

For fans of ‘Freakonomics’ and ‘Thinking Fast and Slow’ this groundbreaking book sheds new light on the politics of free markets, and how many things that we choose in life also must choose us.

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Product Description:

How our lives are shaped not only by the choices we make, but by the choices we have. In many parts of life - jobs, housing, medical care, education, even a date on the internet - price is not the only determinant of who gets what. So how do the other processes that influence who gets which goods, jobs, university places and partners really work? In 'Who Gets What', Nobel Prize winning economist Alvin Roth uncovers the global rules of how markets allocate, how matchmaking shapes lives, where markets exist that we may not even realise, and how everything about our biggest experiences - from getting accepted at university or living where we want - can be better understood and negotiated when one understands the design of those matching markets. The distribution of rewards is often unfair, but it's seldom as random as it seems, and Roth reveals just how much of our life takes place in marketplaces, and leads us to a new understanding of who gets what and why. For fans of 'Freakonomics' and 'Thinking Fast and Slow' this groundbreaking book sheds new light on the politics of free markets, and how many things that we choose in life also must choose us.

Product Description:

How our lives are shaped not only by the choices we make, but by the choices we have. Insights into the most important decisions you’ll ever make, from a Nobel Prize winner.

Around you everywhere are matching markets. From applying for a job to asking someone out on a date, or getting your child into the best school or university, matching plays a crucial but invisible role in our lives. Matching accounts for some of the biggest technological successes of the decade, like Uber and Airbnb, and can even be the gatekeeper of life itself, guiding how desperately ill patients receive scarce organs for transplants.

In ‘Who Gets What and Why’, the life work of Nobel Prize in Economics-winner Al Roth provides an x-ray of the market designs you don’t see. It will change how you view the decisions you make, even where you park your car, and will explain how the most important things that we choose in life also choose us.

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Roth, Alvin
Published by William Collins (2015)
ISBN 10: 000752076X ISBN 13: 9780007520763
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Book Description HarperCollins Publishers, United Kingdom, 2015. Hardback. Book Condition: New. 240 x 159 mm. Language: English . Brand New Book. A Nobel Prize winner reveals the often surprising rules that govern so much of our lives - in which money may play little or no role. This book gives insights into the most important decisions you ll ever make and shows how how our lives are shaped not only by the choices we make, but by the choices we have. Who Gets What and Why is a piquantly written, mind-expanding exploration of the markets that matter most to many of us. If you ve ever sought a job or hired someone, applied to university or guided your child into a good school, asked someone out on a date or been asked out, you have participated in a matching market. They are everywhere around us and account for some of the biggest technological successes of the decade, like Uber and Airbnb. Matching markets can even be the gatekeeper of life itself, guiding how desperately ill patients receive scarce organs for transplants. Alvin E. Roth shared the 2012 Nobel Prize in economics for his pioneering research into market design - the principles that govern all kinds of markets where money isn t the only factor in determining who gets what. His book reveals what factors make these markets work well - or badly - and shows us all how to recognise a good match and make smarter, more confident decisions. Bookseller Inventory # AAW9780007520763

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Roth, Alvin
Published by HarperCollins Publishers, United Kingdom (2015)
ISBN 10: 000752076X ISBN 13: 9780007520763
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Book Description HarperCollins Publishers, United Kingdom, 2015. Hardback. Book Condition: New. 240 x 159 mm. Language: English . Brand New Book. A Nobel Prize winner reveals the often surprising rules that govern so much of our lives - in which money may play little or no role. This book gives insights into the most important decisions you ll ever make and shows how how our lives are shaped not only by the choices we make, but by the choices we have. Who Gets What and Why is a piquantly written, mind-expanding exploration of the markets that matter most to many of us. If you ve ever sought a job or hired someone, applied to university or guided your child into a good school, asked someone out on a date or been asked out, you have participated in a matching market. They are everywhere around us and account for some of the biggest technological successes of the decade, like Uber and Airbnb. Matching markets can even be the gatekeeper of life itself, guiding how desperately ill patients receive scarce organs for transplants. Alvin E. Roth shared the 2012 Nobel Prize in economics for his pioneering research into market design - the principles that govern all kinds of markets where money isn t the only factor in determining who gets what. His book reveals what factors make these markets work well - or badly - and shows us all how to recognise a good match and make smarter, more confident decisions. Bookseller Inventory # AAW9780007520763

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Book Description HarperCollins Publishers Ltd, 2015. Hardcover. Book Condition: New. book. Bookseller Inventory # 000752076X

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