Question
1. There are various applications (success stories) of economic design to solve real problems. Choose an application that interests you the most (e.g., market design
1. There are various applications (success stories) of economic design to solve real problems. Choose an application that interests you the most (e.g., market design for congestion, voting, college admissions, refugee resettlement, dorm allocation) and write a around one page summary/essay on this application.
2.What is a real life (allocation) problem that you think could benefit from economic design analysis and intervention? This could be examples that you encounter in life or school, such as, how to design the class enrollment system (as an alternative to first-come first-serve), assignment to colleges within the school, etc. What are some desirable properties that you could define for this setup? What algorithms/rule can achieve this?
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