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

A Nobel laureate reveals the often surprising rules that govern a vast array of activities-both mundane and life-changing-in which money may play little or no role.

If you've ever sought a job or hired someone, applied to college or guided your child into a good kindergarten, asked someone out on a date or been asked out, you've participated in a kind of market. Most of the study of economics deals with commodity markets, where the price of a good connects sellers and buyers. But what about ...