GAME THEORY BLOG

FROM SCIENCE TO REAL LIFE
August 15, 2018

Economics of Love Island

written by Alex Teytelboym

If you haven’t yet watched Love Island, a British reality TV show, you haven’t missed out. Its premise is simple: a few dozen very attractive, heterosexual twenty-somethings spend seven weeks in a villa in Mallorca without much more than a bathing suit and a raging libido. Once a week they get to decide whom they want...

July 23, 2018

What to do if you find yourself in a volunteer’s dilemma

written by Julia Stauf

A couple of days before Christmas, the CEO of our company sent an email to all the staff asking for someone to research a certain topic. I was immediately reminded of an academic paper I wrote a while back that covered the volunteer’s dilemma (VD). Our CEO’s request provided an excellent opportunity to study the VD in...

June 20, 2018

Matching Markets and the Boston Mechanism

written by TWS Partners

The study of matching markets has a long tradition in economics and is a major focus in the field of market design. Examples of matching markets are manifold, ranging from kidney exchange through to school selection and online dating. One common feature across most of these markets is that monetary payment is limited...

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