Congratulations to Al Roth, co-winner of the 2012 Nobel Prize in economics for "the theory of stable allocations and the practice of market design." In an earlier post, I labeled Al the ““pied piper of repugnance,” due to his work on repugnance, kidney exchange, and similar taboo trades. His research is nearly always cited as one of the best examples of the use of sophisticated economic tools to find solutions to daunting real-world problems, from the shortage of available kidneys for transplantation to the placement of students in urban school districts to the matching of medical residents with hospitals.
As I’ve mentioned before, one of the things that you should know about Roth (in addition to his important market design work) is that he is one of the most generous people you’ll ever meet. Roth was at Duke in 2011 to discuss a paper, Organ Allocation Policy and the Decision to Donate, and during his one-day visit managed to present his own paper, speak to my Taboo Trades seminar about kidney matching, meet with Duke students studying the market for judicial clerks (Al’s prior work includes the study of judicial clerkship markets, with co-authors Richard Posner and Christine Jolls), provide guidance to various faculty (including me) about their own research projects, and hang out in the faculty lounge and at dinner acting like a completely normal person. None of this really should have surprised me – Al’s support and generosity with graduate students is well known, and he had been incredibly approachable in my prior interactions with him. But it did impress me.
Anyway, it’s always nice to see great things happen to deserving people. So, congratulations to Friend of The Lounge, Al Roth!
Prior related posts: