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In Alvin E. Roth's research, "Stable Allocations" involves making markets more what?
Complex
Profitable for owners
Influential in finance
Efficient and Fair
Answer
Alvin E. Roth's research involves making markets more efficient and fair through the use of "stable allocations". Stable allocations are a set of assignments of people to jobs or goods that cannot be improved by any other assignment, and they are often used to ensure that everyone gets a fair share of the available resources.
The Mastermind of Market Design: Alvin E. Roth Quiz
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