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Alvin Roth

Economics & Finance

Alvin Roth

Craig and Susan McCaw Professor of Economics, Stanford University

Alvin E. Roth is the Winner of the 2012 Nobel Memorial Prize in Economics.

He is the Craig and Susan McCaw Professor of Economics at Stanford University & the Gund Professor of Economics and Business Administration Emeritus at Harvard University.

His research, teaching, and consulting interests are in game theory, experimental economics, and market design.

Among the matching markets he has helped redesign are the National Resident Matching Program, which matches approximately twenty thousand doctors a year with residency programs at American hospitals.

As chair of the American Economic Association's Ad Hoc Committee on the Job Market, Professor Roth has helped redesign the matching market for newly-graduating PhD economists.

In addition to his work redesigning matching markets, Professor Roth has helped design entirely new matching markets. He is a co-founder and designer of the New England Program for Kidney Exchange for incompatible patient-donor pairs.

He was the President of the American Economic Association in 2017.

He is a Fellow of Econometric Society & the American Academy of Arts and Sciences. In 1983, he was the winner of a Guggenheim Fellowship. He has also recieved an Alfred P. Sloan Fellowship.

Known For: Designing and Improving Matching Markets; Advancing The Idea of ‘Economic Engineering’.

Born: 1951.

Doctoral Dissertation: Topics in Cooperative Game Theory.

Doctoral Supervisor: Robert Wilson.

Education
Ph.D. Operations Research, Stanford University · M.S. Operations Research, Stanford University · B.S. Operations Research, Columbia University
Topics
Game Theory · Experimental Economics · Market Design

In the Encyclopedia1

Books3

  • Why Gets What - and Why: The New Economics of Matchmaking and Market Design
  • The Handbook of Market Design
  • The Handbook of Experimental Economics, Volume 2

Selected publications9

  1. 2021Ashlagi, Itai, and Alvin E. Roth. Kidney Exchange: An Operations Perspective. Management Science 67, no. 9 (September 2021): 5455–5478.
  2. 2018Roth, Alvin E. Marketplaces, Markets, and Market Design. American Economic Review 108, no. 7 (July 2018): 1609–1658.
  3. 2018Kessler, Judd B., and Alvin E. Roth. Organ Allocation Policy and the Decision to Donate. American Economic Review 102, no. 5 (August 2012): 2018–2047.
  4. 2013Niederle, Muriel, Alvin E. Roth, and M. Utku Ünver. Unraveling Results from Comparable Demand and Supply: An Experimental Investigation. Games 4, no. 2 (June 2013): 243–282. (Special Issue on Games and Matching Markets.)
  5. 2013Kojima, Fuhito, Parag A. Pathak, and Alvin E. Roth. Matching with Couples: Stability and Incentives in Large Markets. Quarterly Journal of Economics 128, no. 4 (November 2013): 1585–1632.
  6. 2010Coles, Peter A., John Cawley, Phillip B. Levine, Muriel Niederle, Alvin E. Roth, and John J. Siegfried. The Job Market for New Economists: A Market Design Perspective. Journal of Economic Perspectives 24, no. 4 (Fall 2010): 187–206.
  7. 2010Leider, Stephen, and Alvin E. Roth. Kidneys for Sale: Who Disapproves, and Why? American Journal of Transplantation 10, no. 5 (May 2010): 1221–1227.
  8. 2007Roth, Alvin E. The Art of Designing Markets. Harvard Business Review 85, no. 10 (October 2007): 118–126.
  9. 2007Roth, A. E. Repugnance as a Constraint on Markets. Journal of Economic Perspectives 21, no. 3 (Summer 2007): 37–58.

Positions & affiliations5

  • Stanford University
  • Harvard University
  • University of Pittsburgh
  • University of Illinois
  • BandwidthX, BehaveHealth, Didi (Economics Advisory Board, until 2021), Google (Faculty Advisor, since June 2020), InitialView, Luohan Academy, Tremor, Neuralight

Credentials & fellowships1

  • Nobel Memorial Prize in Economic Sciences (2012)

Honours & awards6

  • 2013 Member of the National Academy of Sciences
  • 2013 Golden Goose Award
  • 2012 Nobel Memorial Prize in Economic Sciences
  • 1990 Frederick W. Lanchester Prize
  • 1983 Guggenheim Fellowship
  • 1983 Fellow of the Econometric Society