We examine the evolution of decentralized clearinghouse mechanisms that were in use throughout Europe from the 13th century to the 18th century; in particular, we explore the clearing of non- or limited-tradable debts like bills of exchange. We construct a theoretical model of these...

Paired Kidney Exchange (PKE) programs solve incompatibility problems of donor–patient pairs in living donor kidney transplantation by arranging exchanges of donors among several pairs. Further efficiency gains may emerge if the programs consider the quality of the matches between patients and...

Even though kidney exchange became an important source of kidney transplants over the last decade with the introduction of market design techniques to organ transplantation, the shortage of kidneys for transplantation is greater than ever. Due to biological disadvantages, patient populations of...

We introduce a general class of simplicity standards that vary the foresight abilities required of agents in extensive-form games. Rather than planning for the entire future of a game, agents are presumed to be able to plan only for those histories they view as simple from their current...

This paper reviews the literature concerning the evolution ofcultural traits in general and preferences in particular, and theemergence and persistence of rules or norms, from a family per-spective. In models where each person is e§ectively the clone ofan existing one (either a parent or anyone...