The Market Design Working Group studies market institutions such as auctions, queues, assignment rules in school systems, clearinghouses, and tradeable permit systems. It emphasizes the role of institutional design in determining market outcomes and the well-being of market participants.
The latest working group meetingCo-Directors
Michael Ostrovsky is the Fred H. Merill Professor of Economics at the Stanford University Graduate School of Business. His research spans the fields of market design, game theory, and financial economics.
Parag Pathak is the Jane Berkowitz Carlton and Dennis William Carlton Professor of Microeconomics at MIT, and a co-founder of the School Effectiveness and Inequality Initiative. His research focuses on market design, with particular application to school choice and student assignment.