Event Details

The Department of Economics is delighted to welcome Nobel Prize winner, Professor Alvin Roth to deliver the inaugural Andrews and Brunner Lecture.

Professor Alvin Roth is the Craig and Susan McCaw Professor of Economics at Stanford University and the Gund Professor of Economics and Business Administration Emeritus at Harvard University. He was President of the American Economic Association and in 2012 was jointly awarded the Nobel Memorial Prize in Economic Sciences for the Theory of Stable Allocations and the Practice of Market Design.

His works are renowned for creating significant impact by solving real-life problems, prominently in the areas of school matching, and the allocation of kidney donors to patients waiting for kidney transplant surgery.

Markets need social support to work well. Do bans on the marketisation of certain products work? Without sufficient social support, bans can be ineffective and can sometimes lead to active black markets. Roth will describe some examples of how these tensions have played out, for example, for markets for surrogacy, prostitution, and drugs. A particular example will be the almost (but not quite) universal ban on monetary markets for kidneys, and how this has influenced the treatment of kidney disease and the organisation of kidney transplantation around the world, including the development of kidney exchange.

5:45 pm - Registration

6:00pm - Lecture

7:15 pm - Networking Reception

8:15pm - Close

Refreshments will be available at this event.

Due to the popularity of the lecture, we will be live-streaming the presentation into Lecture Theatres 2 and 3 in the Management School. We cannot guarantee that you will be seated in the room where Alvin Roth is presenting. Seating will be allocated on a first-come, first-served basis on the evening.

This inaugural lecture commemorates PWS Andrews and Elizabeth Brunner, two leading figures who significantly contributed to the success of the Economics Department from 1967 to 1983. Both Andrews and Brunner supported the nascent University’s growing reputation in Economics. They are fondly remembered by former students who benefited from their teaching.

Distinguished academic Professor Eyal Winter is the PWS Andrews & Elizabeth Brunner Chair in Industrial Economics at Lancaster University. An academic of Professor Winter’s calibre is an outstanding addition to the School, enabling us to continue the very highest levels of research, teaching and engagement.