Friday, September 2, 2016

Alvin Roth Biography

Alvin Roth is currently the Craig and Susan McCaw Professor of Economics at Stanford University. He was born in 1951 in New York City and received his Bachelor's degree from Columbia while earning both his Master's and Doctorate at Stanford. Roth's greatest recognition in the academic field comes from his research on the topics of game theory, market design, and experimental economics. One of his most significant awards received was the 2012 Nobel Memorial Prize in Economic Sciences for the theory of stable allocations and the practice of market design. He won this award with Lloyd Shapley.

Roth is the co-creator of New England Program for Kidney Exchange which aids patients in finding a compatible donor. In short, the program groups two incompatible pairs together. For example, a wife and husband may be incompatible the same way a father and son do not match. However, if the father and husband match while the wife and son match, transplantation can occur. A 12 party transplant (6 donors-6 recipients) occurred in 2008.

This link shows Roth explaining the process in a 2015 lecture at Berkely https://www.youtube.com/watch?v=exB1O3pTf7E

One interesting fact about Roth is he took his teaching talents to the University of Illinois from his graduation at Stanford until 1982. I look forward to understanding how his contributions to the field of economics are applicable to the real world.

2 comments:

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  2. It turns out that Al and I grew up pretty close to other in Queens NY and that my family played tennis with his from time to time. Further, his dad and and my mom were both teachers at the same high school. So it's quite a small world!

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