http://cheaptalk.org/2012/10/14/stanford-is-feeling-lucky/ A blog about economics, politics and the random interests of forty-something professors Tue, 18 Jun 2013 21:10:08 +0000 hourly 1 http://wordpress.com/ http://cheaptalk.org/2012/10/14/stanford-is-feeling-lucky/#comment-19034 Tue, 16 Oct 2012 06:13:47 +0000 http://cheaptalk.org/?p=12252#comment-19034 Free market dies…

]]> http://cheaptalk.org/2012/10/14/stanford-is-feeling-lucky/#comment-19008 Mon, 15 Oct 2012 19:37:55 +0000 http://cheaptalk.org/?p=12252#comment-19008 Ironically, parking scarcity might be a good way of testing Al Roth’s matching markets model. That is, instead of “regulation” (or a flat-out prohibition on parking), why not “auction”off parking rights to those most willing to pay for them — like the new smart meters in San Francisco?

]]> http://cheaptalk.org/2012/10/14/stanford-is-feeling-lucky/#comment-18989 Mon, 15 Oct 2012 14:25:23 +0000 http://cheaptalk.org/?p=12252#comment-18989 But they called it right, so why wait on their luck next time?

]]> http://cheaptalk.org/2012/10/14/stanford-is-feeling-lucky/#comment-18984 Mon, 15 Oct 2012 13:08:33 +0000 http://cheaptalk.org/?p=12252#comment-18984 [...] that idea back to Lloyd Shapley and placed more weight on contributions to auctions. Stanford were nonetheless on to this yesterday. Nonetheless, the Nobel prize decided to focus on matching markets — that is, markets [...]

]]> http://cheaptalk.org/2012/10/14/stanford-is-feeling-lucky/#comment-18982 Mon, 15 Oct 2012 13:01:35 +0000 http://cheaptalk.org/?p=12252#comment-18982 [...] that idea back to Lloyd Shapley and placed more weight on contributions to auctions. Stanford were nonetheless on to this yesterday. Nonetheless, the Nobel prize decided to focus on matching markets — that is, markets [...]

]]> http://cheaptalk.org/2012/10/14/stanford-is-feeling-lucky/#comment-18979 Mon, 15 Oct 2012 12:31:48 +0000 http://cheaptalk.org/?p=12252#comment-18979 They might want to wait on their luck next time …

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