ALVIN E. ROTH
ALVIN E. ROTH
Nobel Prize-winning economist and pioneer of market design
Professor of Economics at Stanford University & Professor Emeritus at Harvard University
World-leading authority on game theory, matching markets and behavioural economics, Al Roth redefines how we solve allocation problems without money, delivering game-changing insights on market design, strategic decision-making, and organizational incentives.
Al Roth is the McCaw Professor of Economics at Stanford University and the Gund Professor Emeritus of Economics and Business Administration at Harvard . He is a past president of the American Economic Association and is a member of the U.S. National Academy of Sciences. He shared the 2012 Nobel memorial prize in Economics, “for the theory of stable allocations and the practice of market design". His research interests are in game theory, experimental economics, and market design. He directed the redesign of the National Resident Matching Program, through which most American doctors find their first employment. He helped design the high school choice system used in New York City and the school choice systems for students of all ages in several other large American cities. He has been involved in the design and organization of kidney exchange, which helps incompatible patient-donor pairs find life-saving compatible kidneys for transplantation. This work on kidney transplantation led him to become interested in repugnant transactions, and more generally how markets, and bans on markets, gain or fail to gain social support, which is the subject of his 2026 book Moral Economics: From Prostitution to Organ Sales, What Controversial Transactions Reveal About How Markets Work. He is also the author of Who Gets What ― and Why: The New Economics of Matchmaking and Market Design.
We live in a world where many of our most critical transactions don’t involve a price tag. Money cannot buy you admission to a top university, place a doctor in a residency program, or secure a lifesaving organ transplant. In these environments, success isn’t about who bids the highest—it’s about matching.
Based on his groundbreaking book Who Gets What—and Why, Nobel Prize–winning economist Alvin Roth pulls back the curtain on how "matching markets" operate and why traditional economic supply-and-demand models often fail. In this captivating keynote, Dr. Roth demonstrates how designing effective, trustworthy, and efficient markets can solve some of society's and business's most complex allocation problems.
Some of the most intractable controversies in our divided society are, at bottom, about what actions and transactions should be banned. Should women and couples be able to purchase contraception, access in vitro fertilization, and end pregnancy by obtaining an abortion? Should people be able to buy marijuana? What about fentanyl? Can someone be paid to donate blood plasma, or a kidney?
Disagreements are fierce because arguments on both sides are often made in uncompromising moral or religious terms. But in this talk, based on Nobel Prize–winning economist Alvin E. Roth's 2026 book, he asserts that we can make progress on these and other difficult topics if we view them as markets—tools to help decide who gets what—and understand how those markets can be fine-tuned to be more functional. Markets don’t have to allow everything or ban everything. Prudent market design can find a balance between preserving people’s rights to pursue their own interests and protecting the most vulnerable from harm.
Combining Roth’s unparalleled expertise as market design pioneer with his incisive, witty accounts of complicated issues, audiences will discover a powerful and innovative new framework for resolving today’s hardest controversies.
Market Design Pioneer: A Nobel laureate who applies economic theory to solve complex, real-world allocation problems affecting millions.
Proven Real-World Impact: Revolutionized critical matching systems, including doctor residency placement, public school choice, and kidney donor exchanges.
Actionable Insights: Translates sophisticated concepts in game theory and behavioral economics into strategies for designing fairer, more efficient organizational systems.
Global Influence: Advises governments, healthcare networks, and global enterprises on optimizing incentives, performance, and institutional decision-making.
Moral Economics: From Prostitution to Organ Sales, What Controversial Transactions Reveal About How Markets Work
A Nobel Prize–winning economist shows us why we have to deal in trade-offs when we can’t agree on what’s right and what’s wrong.
Who Gets What—and Why: The New Economics of Matchmaking and Market Design
"An exciting practical approach to economics that enables both individuals and institutions to achieve their goals without running afoul of the profit motive." —Kirkus Reviews