Alex Tadelboim

Join market design expert Alex Tadelboim from the University of Oxford and Alaskan deckhand Kirk Van Doren, known as Carcass, as they dive into the intricacies of market dynamics. They discuss how poorly designed markets can lead to dangerous situations, especially in Alaska's fishing industry. Tadelboim explains the role of market designers in ensuring fairness and efficiency, while Van Doren shares harrowing stories from fishing derbies that highlight both the thrill and risks involved. It's a captivating look at how smart design can save lives and enhance market functionality.

Alex Tadelboim, a market design expert from the University of Oxford, dives into the fascinating world of economics. He explains how markets operate, illustrating their importance with everyday examples. Tadelboim discusses market failures and the vital role of government in correcting inefficiencies. Engaging anecdotes from Alaska's fishing derbies showcase resilience amidst danger. He also explores concepts like transferable quotas and double auctions, shedding light on how these can optimize resource management and reduce inefficiencies in various markets.