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Market design is a field at the intersection of Operations Research, Computer Science, and Microeconomics focusing on design and analysis of performance of market mechanisms for allocation of scarce resources. The impact of market design and operations research has been mutual. On one hand, market allocation, coordination, and pricing problems arise naturally in many operations research problems, requiring new insights to address challenges due to scale, supply/demand uncertainty, limited information, interconnectedness of the modern practical settings. On the other hand, design of economic mechanisms for distributed large scale resource allocation has been strongly influenced by operations research techniques. This connection between market design and operations research has been critical in numerous successful practical applications: from spectrum auctions, procurement auctions, to energy markets, digital advertising markets to platform business models.
The special issue will focus on mathematical and methodological contributions that consider design and performance of market mechanisms including allocative efficiency, stability, fairness, strategic, and computational complexity. Potential topics of interest for this special issue include, but are not limited to, allocation and pricing in markets with indivisible goods; matching markets without money; algorithmic mechanism design; information design; learning in games and markets; etc.
The special issue will be guest edited by:
In addition, the MOR Advisory Editors Alvin Roth (Stanford University) and Eva Tardos (Cornell University) will support the special issue.
All submissions will be subject to the standard Mathematics of Operations Research review process and involve the journal’s editorial team.
Under “Step 1: Type, Title, & Abstract”:
select “Special Issue, Market Design” for “Type,”
select “Other” from the dropdown list under “Select topic area of submission.”
Under "Step 5: Select Editors":
select Saša Pekeč and select Special Issue Editors, Pekeč/Bichler/Immorlica/Kominers/Milgrom