Tag Archives: al roth
Thick, Uncongested and Safe
Successful marketplaces require three key elements. “They must be thick, uncongested, and safe,”… Having sufficient “thickness” means there are enough participants in the market to make it thrive. “Congestion” is what can happen when markets get too thick too fast: … Continue reading
Posted in Aside, Marketplaces
Tagged al roth, market design
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