Tag Archives: Somouaoga Bonkoungou

Gaming the system: improving fairness in matching markets

The Issue – Designing fair markets

While price is the main mechanism for allocating goods and services in a free market economy, there are some situations where the price mechanism seems inappropriate. The sale of a particular good or service – human organs for transplantation, for example – might be considered too ‘repugnant’ by some to be legal. Or considerations such as fairness or politics may influence whether something can be legally bought and sold, such as public school and college places.

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