Full-Text Search:
Home|About CNKI|User Service|中文
Add to Favorite Get Latest Update

The Theory of Stable Allocations and the Practice of Market Design——A Brief Remark on 2012 Nobel Prize in Economics

HE De-xu1,WANG Chao-yang1,ZHANG Jie2(1.Chinese Academy of Social Sciences,Beijing 100732,China;2.China Investment Securities co.LTD,Shenzhen Guangdong 518048,China)  
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for 2012 was awarded to Alvin E.Roth and Lloyd S.Shapley for the theory of stable allocations and the practice of market design.The paper analyzed the theoretical background of two scholars,made a brief introduction of the theory revolution and practice about the stable allocations and the market design,and provided some special remarks.The two scholars’ distribution promoted lots of successful redesign of important practical markets.We can expect that this area will continually grow up and have a good prospect.Research fellows in China should tail after and study the theory in this area.
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
©CNKI All Rights Reserved