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Allocating Spaces, Market Design
Explore the role of prices in markets and the importance of market design in allocating spaces and resources. Learn how prices work differently in matching markets and the significance of other signals besides price.
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In this clip
Russ Roberts
Alvin Roth
From this podcast
EconTalk
Alvin Roth on Matching Markets
Related Questions
How do prices act as signals in an economy?
How do prices act as signals in an economy as discussed in the episode Episode 12: The Price System and the clip Understanding Supply and Demand?