Monday, October 22, 2012

BBC News - Al Roth: An economist who saves lives

BBC News - Al Roth: An economist who saves lives: "What sounds a little like a slightly out-of-control economists' party, with a bit of the swinging 60s about it, has turned out to be astonishingly useful. This idea of a "matching algorithm" is the mathematical underpinning of Al Roth's later, life-saving work.

"I started to think about how it might be applied to actual marketplaces," he says. Among his ideas was the thought that perhaps he could create an exchange for one unusual but important product - human kidneys."

'via Blog this'

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