A Nobel Prize winner reveals the often surprising rules that govern so much of our lives - in which money may play little or no role. This book gives insights into the most important decisions you'll ever make and shows how how our lives are shaped not only by the choices we make, but by the choices we have. Who Gets What and Why is a piquantly written, mind-expanding exploration of the markets that matter most to many of us. If you've ever sought a job or hired someone, applied to university or guided your child into a good school, asked someone out on a date or been asked out, you have participated in a matching market. They are everywhere around us and account for some of the biggest technological successes of the decade, like Uber and Airbnb. Matching markets can even be the gatekeeper of life itself, guiding how desperately ill patients receive scarce organs for transplants. Alvin E. Roth shared the 2012 Nobel Prize in economics for his pioneering research into market design - the principles that govern all kinds of markets where money isn't the only factor in determining who gets what.
His book reveals what factors make these markets work well - or badly - and shows us all how to recognise a good match and make smarter, more confident decisions. Gold title - From a world expert Nobel Prize for Economics, this is the book that will explain and improve the key decisions that of life. According to a 2011 profile in the Boston Globe, he is a pioneer at "finding situations where a market is failing--often, a place that most people wouldn't even recognize as a market--and making it work better." - 'Who Gets What' popularises for a general readership the economic ideas on which Roth has based his glittering and prestigious academic career. Also for soft-business, self-improvers, psychology, - Obvious parallels are Daniel Kahnemann's 'Thinking Fast and Slow' (TCM 393k), Malcolm Gladwell, 'Freakonomics' (TCM 602k), 'Predictably Irrational' (TCM 51k), 'Stumbling on Happiness' (TCM 22k). - Uses anecdotal examples from every-day life to illuminate his wider points.