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Roth's approach emphasizes the practical application of economic theory to what?

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  • Real-world Problems

Answer

Roth's approach emphasizes the practical application of economic theory to real-world problems. For example, he has used economic theory to analyze the effects of minimum wage laws, the impact of rent control, and the causes of poverty. Roth's work has helped to make economics a more relevant and useful discipline for understanding and solving real-world problems.
The Mastermind of Market Design: Alvin E. Roth Quiz

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