Alvin Roth
speaker
677 appearances
2 recordings
2 series
first heard Apr 2026
last heard 11 May
Alvin Roth’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in May 2026 with 1.
Appearances
There are resources that have to be allocated.
A given kindergarten class can only hold so many students.
But deciding who gets what, who gets into which kindergarten class is a market exercise because markets are the human institutions, the human artifacts that try to aggregate private information and turn it into collective action.
And so that's where I would come out as saying what markets are there.
They're pervasive.
They're ancient.
You know, human beings have been transacting with each other for a long time.
And marketplaces and markets are the tools we've built to coordinate and compete and cooperate with each other.
A corporation is not necessarily a market.
It can be a hierarchy.
An army is not a market.
There are lots of things that are in markets.
No.
Families exchange goods.
But they don't do it in a market way.
They –
The relationship is so – among other things, markets allow people who don't know each other to engage with each other, even though they may be engaging in making a match.
But when I think about families, the thing about a family is genetics and lifelong relationships.
I'm not sure.
I mean, he certainly talks about information, you know, about having – I mean, the phrase which he hardly ever used but which he's famous for is the invisible hand.
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