Matchmaking ideas for social impact in Europe
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Life-saving kidney exchanges and ways for schools to select students are just two practical applications of the market-matching theories for which US economists Alvin Roth and Lloyd Shapley won the Nobel prize for economics on Monday. Pairing up employers with job seekers – for instance doctors and lawyers taking up their first appointments – are other examples of how Roth, 60, and Shapley, 89, have separately applied game theory to daily life.
Credit: Reuters. Roth and other economists who study market design are exploring how matching procedures can be improved to produce better results for all concerned. Lloyd Shapley raises his arm after being notified of winning the economics Noble prize. Speaking to Reuters from California over his early-morning coffee, Roth gave the example of Stanford, his alma mater, to which he recently returned after a long spell at Harvard.
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Match-making economists win Nobel prize
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The platform will be showcased on the Young Professionals Booth on Tuesday August 27th — Tuesday August 27 th — Young professionals booth D Stop by, get inspired, and share your ideas for helping youth-led projects scale. You can also sign-up as a supporter to provide mentorship via the platform. During the quality assurance lab, youth project leaders will present their project proposals to a small group of reviewers and discuss in real time with the reviewers their strengths and possible areas for improvement.
By applying the YWC approach to supporting project development, the objective is for young entrepreneurs and reviewers to connect around the project proposals and work together on strengthening them. Questions from companies and organizations with a water and climate related problem will be presented. Young leaders will be invited to apply their creativity, innovation, and expertise to propose matching water and climate solutions.
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Demonstrators massed in central Minsk on Aug. Video app TikTok said on Aug. US duo win Nobel Economics Prize for ‘match-making’. News Economy October 15
Nobel awarded for economics of matchmaking in Stockholm during the press conference of the Royal Swedish Academy of Sciences.
Pairing up employers with job seekers – for instance doctors and lawyers taking up their first appointments – are other examples of how Roth, 60, and Shapley, 89, have separately applied game theory to daily life. The Royal Swedish Academy of Sciences, which awards the 8 million crown prize, called their work an outstanding example of economic engineering. Roth and other economists who study market design are essentially exploring how matching procedures can be improved to produce better results for all concerned.
Speaking to Reuters over an early-morning cup of coffee from California, Roth gave the example of Stanford, his alma mater, to which he recently returned after a long spell at Harvard. Stanford competes for students with the likes of Harvard and Princeton, and who is admitted does not depend solely on price. Stanford keeps its tuition costs low enough to attract plenty of applicants and selects among them.
It’s a little like getting married. Taking a job is like this too,” Roth said. So there are a lot of things that you get in life that you can’t just choose. You also have to be chosen. And that’s what we study. We study matching. Roth, in a series of empirical studies, built on separate work much earlier by Shapley, an emeritus professor at the University of California Los Angeles, who had used game theory to compare various matching methods and make sure the matches were acceptable to all counterparts.
Baltic Business Arena – a Matchmaking Opportunity in Stockholm 16-17 June
Without exception, we work exclusively with Members whom we are proud to introduce to potential matches, and, who are ready and available to meet the love of their life. If you are interested in working with us, you are welcome to the Match Palace for a private, confidential and discreet meeting. Some of our clients fly in or we travel around the world to meet them, but being environmentally conscious, we are also available via telephone and video conference call in the first instance.
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Social entrepreneurship is a rather new concept in the Scandinavian countries. Sweden is one of the top countries in the world regarding sustainability, innovation and gender equality so the environment for social entrepreneurs is good. However, it is only the last few years that things have really started to happen.
With their attention to detail and sustained high concentration levels in repetitive tasks, they achieve significantly lower error rates than the average IT tester. Their idea is a platform for people to rent their cars to neighbours, providing guaranteed insurance and payment solutions. Jacob Rasmussen, from City Mart in Denmark, presented how the initiative, to build a global marketplace for innovations in cities became City Mart which now connects 50 cities worldwide.
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Participants were mainly from Sweden with a few from Denmark and Norway as well. Contributions and needs of the partners were gathered and discussed, as well time for matchmaking and networking. The wide range of industries from energy, equipment and system suppliers and developers through to metals and chemicals provided a creative and inspirational milieu. The workshop closed with a presentation from Eric Jensen from Vinnova highlight the success factors for testbeds.
The needs for realizing an effective test-bed environment identified at the workshop will be developed in further consultation with the partners and other stakeholders throughout the project. The next workshop is open to anyone interested and will be held in Lund on 22nd May. The theme is upscaling — going from research to commercialization.
Matchmaking and networking during the first workshop Mar 20, Recent News First workshop of Case studies on large-scale electrolysis. Workshop 3: Hydrogen applications and use. Workshop: Developing Industrial Hydrogen. Technology for the future. A strong partnership.