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We cordially invite you to the 2016 John von Neumann Award Ceremony and the public lecture held by the awardee on the 6th September. The title of the lecture will be "Who Gets What and Why: The New Economics of Matchmaking and Market Design”. 2012 Nobel laureate Professor Roth is going to talk about the matching markets hidden around us, from kindergarten choice through kidney transplantations to college football, and about how to make them work.
The lecture is organized by Rajk László College for Advanced Studies with the contribution of Institute of Economics of the Hungarian Academy of Sciences (KTI). The lecture will be held in English.
Professor Roth graduated from Columbia University in 1971 with a degree in Operational Research, following with a Master degree and a PhD at Stanford University in the same field. He was teaching Economics at the University of Pittsburgh, and currently is a professor at Stanford and Harvard Business School.
His work was pioneering in the field of Experimental Economics, however, his most known field of research is Mechanism Design. Mechanism Design is a part of Game Theory which, among other things, deals with the operation of markets where monetary payoffs are not possible.
Professor Roth was engaged with such markets in practice as well. He was responsible for the redesign mechanism for selecting medical residents in the United States, and for New York City high schools and Boston City primary schools, and furthermore, for the design and formation of the first kidney exchange program.
Professor Roth is a member of the American Academy of Arts and Sciences, the National Bureau of Economic Resaerch (NBER), but his crowning achievement was winning the Nobel Memorial Prize in Economic Sciences jointly with Lloyd Shapley for their research of stable allocations and the practice of market design.
In 2015 he wrote a book with the title of his Neumann Award Lecture "Who Gets What - and Why".
The event is free of charge, but registration is required.