(Answered) Alvin roth of harvard won the 2012 nobel prize in economics

Management Studies

Alvin Roth of Harvard won the 2012 Nobel Prize in Economics for designing systems that allocate resources in innovative ways. For example, he designed a system that matches donated kidneys to recipients waiting for such donations. This system takes into account the needs of each perspective recipient, their blood type, and the urgency of their case. (Source: Washington Post, October 16, 2012)

Based on the news clip above, the allocation of resources is made using

A) lottery.

B) market price.

C) personal characteristics.

D) auction.

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