Comments on: Matching and a static environment http://knowledgeproblem.com/2012/10/17/matching-and-a-static-environment/ Commentary on Economics, Information and Human Action Sat, 18 May 2013 04:42:15 +0000 hourly 1 http://wordpress.com/ By: Lynne Kiesling http://knowledgeproblem.com/2012/10/17/matching-and-a-static-environment/#comment-35892 Thu, 18 Oct 2012 17:36:40 +0000 http://knowledgeproblem.com/?p=10070#comment-35892 Mike, that’s a good point. I’d modify my wording to shade it a bit — maybe supply elasticity is higher in education than in kidneys? And in any case, I agree with the point that Mike G. made in his post today regarding Virginia Postrel’s observation.

]]> By: Matching, markets, and morality « Knowledge Problem http://knowledgeproblem.com/2012/10/17/matching-and-a-static-environment/#comment-35872 Thu, 18 Oct 2012 14:20:22 +0000 http://knowledgeproblem.com/?p=10070#comment-35872 [...] carping among market-oriented commentators. The Andrew Coulson post from Cato-at-Liberty (which Lynne quoted favorably yesterday) is one example. Robert Wenzel is another (calling it a prize for “work that really [...]

]]> By: Ed Reid http://knowledgeproblem.com/2012/10/17/matching-and-a-static-environment/#comment-35861 Thu, 18 Oct 2012 12:32:55 +0000 http://knowledgeproblem.com/?p=10070#comment-35861 “When the only tool you have is a hammer, everything looks like a nail.”

Fortunately, we have a whole bag of tools available, even if some of them are, or at least appear to be, “politically repugnant”.

]]> By: Mike http://knowledgeproblem.com/2012/10/17/matching-and-a-static-environment/#comment-35840 Wed, 17 Oct 2012 20:30:27 +0000 http://knowledgeproblem.com/?p=10070#comment-35840 Even the supply of kidneys is not fixed, because not every person is a donor. Kidneys might be similar to natural resources (like oil) – the supply is technically fixed, but not economically fixed! If that’s so, then I’m not sure when Roth/Shapley applies.

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