Matchmaker, matchmaker

Last week, Philipp Kircher gave the Royal Economics Society's annual public lecture on the economics of 'finding the right match', comparing the labor market to the marriage market. [1] This topic reminds me of matchmaking as a concept of market design. in 1962, David Gale and Lloyd Shapley published a (readable) paper on the problem of pairwise matching. They showed that … Continue reading Matchmaker, matchmaker

Thanksgiving Flight Patterns

The New York Times recently published an article summarizing Thanksgiving flight patterns using data collected from Google flights. Interestingly, it listed Miami, FL, followed by Orlando, FL, as the two most popular flight destinations in the week leading up to Thanksgiving. Not only might this reflect people's tendencies to visit warmer destinations, but also (if people congregate at the … Continue reading Thanksgiving Flight Patterns