The Research Group “Market Design” focuses on the analysis and optimisation of markets. Its aim is to improve the performance of existing markets by actively shaping market rules. To this end, it examines the peculiarities of each market and identifies their prevailing modes of action. To find a market mechanism that helps regulators to achieve their objectives in the best way possible, the Research Group uses theoretical, experimental and empirical methods.
How can market design improve the world?
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Speaker: Shengwu Li (Harvard University, Cambridge, USA)